Archive for the ‘indymac’ tag
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FDIC Insurance Limits and Indymac Bank Loan Modifications
Sheila Bair, FDIC Chairman, explains the many concerns depositors have about their bank accounts due the recent bank failures. Depositors don’t have to worry if they are within the FDIC loan limits. She also talks about the FDIC loan modification program for IndyMac Bank customers. More info at: SCCRealEstateUncensored.com MiCasaMiDinero.com
One Year Later: Lyndon LaRouche Webcast July 22, 2008
July 18 2008 (LPAC)–On July 1, Lyndon LaRouche proposed emergency action by the US Federal Reserve Bank, to prevent social chaos, in the face of looming collapses of some leading US commercial banks and other financial institutions. LaRouche presented two emergency measures, aimed as stop-gaps, to prevent chaos. First, he called for the Federal Reserve to raise interest rates to four percent, in order to assure that institutional depositors maintain their deposits in the banking system. Second, …
