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When The Messiah Comes

News & Issues > People Vote with Their Feet
 

People Vote with Their Feet


People Vote with Their Feet
Offensive and tasteless New Yorker Obama covers are selling like hotcakes.
When you absolutely positively have to kill every dude in the room, the AK47 is the weapon of choice. Michelle Obama should collect an endorsement fee.


Confusion at IndyMac fuels customers' anger

The bank of choice is the trusted mattress. Worried depositors sit outside the failing Indymac Bank. Is the FDIC their next target?

Al Seib / Los Angeles Times
Police keep an eye on customers waiting outside of an IndyMac Bank branch in Encino.
Some depositors wait for hours in line, then complain of difficulty getting their money. Police are called at branches in Encino and Northridge.
By Andrea Chang, E. Scott Reckard and Kathy M. Kristof, Los Angeles Times Staff Writers
July 16, 2008
Depositors of failed IndyMac Bank endured long waits in the summer heat for a second day Tuesday, with crowds becoming irate at several branches and customers with large accounts complaining of serious problems in getting their money.

Banking experts said the chaotic scenes risked touching off runs on other banks unless federal regulators quickly cashed out insured accounts and gave depositors accurate information about their funds.

Welfare recipients cash checks immediately to avoid spiraling inflation, the collapse of the dollar and the overthrow of the government.



posted on July 16, 2008 3:57 AM ()

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