07-15-2008, 01:03 AM
Bob, probably they were the same depositors, isn't there always someone waiting to make a quick buck off someones elses misfortune. And also the news piece did say what made IndyMac fail was all their subprime mortages. Not sure what exactly happens to those loans that are still outstanding I'm thinking the Fed probably divies them out to other banks. Hmmm guess I might do some research to confirm or deny this.