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IndyMac Impact!

By
Real Estate Agent with Keller Williams Realty

First of all for them to be as big as they are I have not heard about them until this week.  Are they the same as Wachovia and Bank of America?  I'm here in the south and I have not seen one unless I just have not noticed.  But correct me if I'm wrong when a player goes down will there another player in the wings waiting to pick up the slack.  Does the world revolve around Indymac?

Mike Wong
Keller Williams Realty Southwest - Sugar Land, TX
Realtor: Commercial, Residential, Leasing, Invest

I just feel bad for all those people who's accounts exceeded the FDIC insurance of $100,000. The last report I heard is that $1 Billion will be lost as uninsured.

Jul 16, 2008 03:43 PM