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Wednesday, July 16, 2008

Bank Run Day 3

The banking system seems to be failing since IndiMac was seized on Friday.
Some folks are reporting that IndiMac ATM machines are not working. Others have reported that online savings accounts have just vanished, and that they can't get through on the phone! I wonder how many banks failing and foreclosures will have to happen in order for our leaders to come clean and admit we are heading into a financial collapse.


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More banks are sure to follow suit as people are losing confidence in leadership.

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