Newspaper article from our research archive:
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Show me the money!
- Article from:
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Daily Breeze
- Article date:
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July 14, 2008
- Author:
- Muhammed El-Hasan; Larry Altman
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Copyright informationCopyright 2008 Daily Breeze. Provided by ProQuest LLC. (Hide copyright information)
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RELATED LINKS:
* What the FDIC says about IndyMac
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usual,' says IndyMac CEO
PHOTOS: Worried depositors line up
Hundreds of depositors at the South Bay's two IndyMac Banks lined
up early Monday to try to withdraw their money amid news that
federal regulators had taken over the failed thrift.
"I showed up here because we have a lot of money here and it's
real important that we not lose our money," said Shelley Stockwell,
63, of Rancho Palos Verdes.
Stockwell had arrived at the Torrance branch, at 2501 Pacific
Coast Highway, at 6 a.m. Monday and already found a long line. The
author of 12 how-to books, ...
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US SEIZES LARGEST S&L IN THE STATE HOME OWNERS DEPOSITS CALLED SAFE...
The Boston Globe;
April 28, 1990 ;
Doug Bailey, Globe Staff;
787 words
......Owners Federal Savings Bank, the largest savings and...will remain open, but federal regulators will run its day-to-day...necessary to protect the bank's insured depositors and...survival strategy for the bank. Home Owners officials...estimates. Trading in the bank's common ...
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Federal Regulators Sort Out Account Claims at Boca Raton, Fla., Bank.
South Florida Sun-Sentinel (Fort Lauderdale, Florida) (via Knight-Ridder/Tribune Business News);
March 4, 2002 ;
400 words
...Byline: Antonio Fins Mar. 4--Federal regulators on Monday began sorting out...accounts at Net First National Bank, the small Boca Raton institution...act on instructions from federal regulators. Dean DeBuck said the OCC...20 different measures the bank was asked to take, DeBuck...
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Philadelphia's Metrobank Seized by Federal Regulators.(Originated from The...
Knight Ridder/Tribune Business News;
March 12, 1996 ;
Cassel, Andrew Williams, Vanessa;
787 words
......failure of his family's bank cost Philadelphia City...life, was seized Friday by federal regulators who said the bank's board of directors had...finally bad checks did the bank in, regulators said. The bank may have been pushed over...
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Small Bank's Big Hopes Dashed; After 5 Years and No Profits, City National...
The Washington Post;
June 26, 1993 ;
William F. Powers;
567 words
...When City National Bank was born five years...universe. The tiny bank with the big blue...closed yesterday by federal regulators - another victim...president of Crestar Bank's greater Washington region. The Federal Deposit Insurance...Crestar, he said. The bank had a ...
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Federal regulators approve the sale of Onamia bank to Mille Lacs Band;...
Star Tribune (Minneapolis, MN);
March 13, 1996 ;
DePass, Dee;
223 words
......Ojibwe said Tuesday that federal regulators have given the OK for the band to buy First State Bank of Onamia, Minn., a move...the first Indian-owned bank holding company in the...disclosed. The purchase of the bank, which has $20 million...
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Federal regulators seize IndyMac Bank in California
Xinhua News Agency;
July 12, 2008 ;
269 words
...Federal regulators seize IndyMac Bank in California LOS ANGELES, July 12...federal government has seized IndyMac Bank in California in what regulators called the second-largest bank failure in U.S. history, it was reported...
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Federal regulators shut down IndyMac
Telegraph - Herald (Dubuque);
July 12, 2008 ;
The Associated Press;
372 words
...LOS ANGELES (AP) - IndyMac Bank's assets were seized by federal regulators on Friday after the mortgage...and rising foreclosures.The bank is the largest regulated thrift...customers with funds in the bank were limited to taking out...checks, regulators said.Other bank services, such as ...
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Federal Regulators Close Miami Bank
AP Online;
January 12, 2002 ;
MARCY GORDON, AP Business Writer;
616 words
...00-00-0000 WASHINGTON (AP) _ Federal regulators closed a Miami-based bank with roots among Cuban-Americans...financial soundness. Hamilton Bank, with some $1.3 billion in...America. Six branches of the bank, with about half the insured...
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Waterford Village Bank gets OK from federal regulators to open.
Buffalo News (Buffalo, NY);
July 29, 2005 ;
542 words
......Jonathan D. Epstein Jul. 29--Federal regulators have given the green light...open Waterford Village Bank in Clarence in September, the first new commercial bank in Western New York in...Thursday approved the proposed bank's application for deposit...
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Federal Regulators Consider Aiding Banks Before They Fail
The Journal Record;
December 28, 1991 ;
780 words
...WASHINGTON (AP) _ Federal regulators are reaching back to the Depression...economy as they face hundreds of bank and savings institution collapses...that the deals will protect bank investors in addition to depositors...self-sustaining cycle in which bank failures lead to massive government...
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Federal Regulators Scrutinizing Genoa, Neb., Bank.
Knight Ridder/Tribune Business News;
May 15, 2002 ;
515 words
......May 15--GENOA, Neb.--The Genoa National Bank has agreed to operate under a supervisory...banking requirements and calls for the bank to make regular progress reports. A spokesman at the comptroller's office, a federal bank regulator, said the agency does not disclose...
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Federal Regulators Place Restrictions on South Dakota Bank, Credit Card...
Knight Ridder/Tribune Business News;
September 26, 2003 ;
687 words
......Business News Sep. 26--Federal regulators on Thursday imposed severe...restrictions on the South Dakota bank and credit card business...reached for comment. The bank's regulatory issues should...separate from First Premier bank and Premier Bankcard. The...The Fed has ordered the bank ...
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Federal Regulators Cite Miami Bank for Loose Money-Laundering Controls.
Knight Ridder/Tribune Business News;
October 5, 1998 ;
Cordle, Ina Paiva;
479 words
......Regulators have cited Miami's Great Eastern Bank of Florida for failure to establish anti-money-laundering controls, giving the bank until early November to comply with federal...Deposit Insurance Corp. said the 4-year-old bank had engaged in unsafe or unsound banking...
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Richmond, Va., Bank Faces Increased Scrutiny from State, Federal...
Knight Ridder/Tribune Business News;
September 16, 2003 ;
780 words
......Tribune Business News Sep. 16--Consolidated Bank & Trust, under regulatory scrutiny...operation. By the end of next week, the bank must take steps to address additional weaknesses in its internal controls. While the bank works on its survival, it is considering...
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FEDERAL REGULATORS SEIZE SENTRY FEDERAL IN HYANNIS
The Boston Globe;
September 22, 1990 ;
Richard Kindleberger, Globe Staff;
324 words
...Sentry Federal Savings Bank, a Hyannis mutual bank with $750 million in assets, yesterday became the seventh Massachusetts...regulators. The federal Office of Thrift Supervision placed the bank in receivership at 12:30 p.m. and opened a newly chartered institution...
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