Is the IndyMac’s failure contagious?
0 Comments Published by clay July 23rd, 2008 in Consumer Tips, Education, State and Local Politics, U.S. Politics.IndyMac Failure With the Federal Deposit Insurance Corporation’s takeover of IndyMac Bank, we went to its headquarters as depositors waited in line to withdraw their funds. We took some of their questions and posed them to banking consultant Bert Ely.I don’t know I share the same support of our banking system Bert has. He refers to a few small banks being in trouble over the past years, well what about the few big banks and corporations that are currently in trouble.

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