According to the Federal Deposit Insurance Corporation, 10,000 customers of failed IndyMac Bancorp Inc could lose as much as $500,000. And the FDIC tells CNNMoney that the failure also will cost the Deposit Insurance Fund between $4 billion and $8 billion…
I think many may be retirees losing their nest egg. It baffles me how that could happen when IndyMac has been on glide path for a while and everywhere on news.
