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IndyMac (IMB) turns to stone

bloggingstocks.com » 2008 » July » 8th » IndyMac (IMB) turns to stone

Tagged: banking, featured, layoffs, home mortgages, lay offs, imb, sheldon liber, sheldonliber, indymac bancorp, indymacbancorp, homemortgages, badcalls, bad calls

BloggingStocks: No more home mortgages for the time being. The former number two originator of home mortgages in the United States, IndyMac Bancorp (NYSE: IMB), is shutting down its operations and laying off 3800 workers, more than half of its employees.By halting... Read more Filed under: Major movement, Other issues, Press releases, Products and services, Management, Rants and raves, Market … Continue Reading »

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