| I previously broke the commercial shuddering.... now the inevitable;
IndyMac Bancorp - Wholesale/Retail (Imploded)
http://ml-implode.com/imploded/lender_IndyMacBancorp_2008-07-07.html
<_SNIP_>
From an email this morning:
"Indy Mac is closing TODAY. The entire Marlton NJ office is apparently being shut down and their other operations offices are closing. All wholesale operations are gone."
As this news rolls across the country, we will keep you updated on developments. One source says as many as 4,000 people will be laid off. It's early in the day, but an official announcement is expected within hours as to the extent of the shutdown.
<_/SNIP_>
Dave Donhoff
Leverage Planner |
Here is a link that might be useful: IndyMac Bancorp - Wholesale/Retail (Imploded)
