Speeple News Search

Sign Up! | Tags | Domains | Statistics | Options | Advanced Search

IndyMac (IMB) turns to stone

bloggingstocks.com » 2008 » July » 9th » IndyMac (IMB) turns to stone

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

Filed under: Major movement, Other issues, Press releases, Products and services, Management, Rants and raves, Market matters, IndyMac Bancorp (IMB), Recession 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 … Continue Reading »

Latest news from BloggingStocks:

  1. Cramer on BloggingStocks: The GSEs are still at sea
  2. Closing Bell: Dow ends higher; HPQ, NOVL, PAY climb, EBAY, NVTL decline
  3. Cramer on BloggingStocks: Institutions are flooding the nat gas futures
  4. Cramer on BloggingStocks: Retail's rally is the key here
  5. Barron's predicts Fannie and Freddie shareholder wipe out

Latest news from bloggingstocks.com:

  1. Closing bell: Modest gains for stocks; FRE, FNM rally, UAUA, NWA drop
  2. Wind, solar face yet another hurdle: The power grid
  3. Hexcel (HXL): Composite gains?
  4. Can Nardelli and Cerberus possibly make money with Chrysler?
  5. The best housing stance for buyers, sellers? Staying put