Schumer Might be Investigated Over His Role in Bank Failure

Let's start out with a little background. Senator Schumer writes a letter to federal bank regulators warning about the imminent failure of IndyMac."The U.S. Senator who leads the Senate subcommittee that oversees the Federal Reserve and economic policy has written letters to...

Anxious customers line up at IndyMac to withdraw money

Worried customers lined up outside IndyMac to withdraw their money this morning.  IndyMac was seized by federal investigators on Friday.  The Federal Deposit Insurance Corp automatically insures...

IndyMac Fails, Seized by U.S. Regulators

IndyMac Bancorp Inc. became the second-biggest federally insured financial company to fail today after a run by depositors left the California mortgage lender short on cash. "FDIC Establishes IndyMac Federal...

Will the Subprime Meltdown Hurt the Ad Industry?

I remember being told by various Madison Avenue types that Capital One sends out over 1 billion pieces of direct mail a year.  I'm pretty sure I've got most of those.  They truly are one of the biggest...

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