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Cash In On The Economy’s Problems
The most unintelligent thing that you can do with your money during an economic downturn like the one that we’ve been facing is to cash out, stand back and wait until the smoke clears. It seems like an obvious thing to do to so many people. But by doing so you are not only taking…
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IndyMac Bank Falls
It’s not every day that a multi-billion dollar bank fails and is taken over by the FDIC. However last friday (July 11th, 2008) IndyMac Bank was seized by federal regulators after it was deemed illiquid and unable to continue on with business as usual. As you may have read elsewhere The Office of Thrift Supervision…