Don Harold on IndyMac Bank's Collapse - Customers Lose $500 Million
If you had over $100,000 in IndyMac Bank you will only be getting 50 cents on every dollar over $100,000. If you had $300,000, you now have $200,000. Don Harrold says $500 million will be lost. It may drop from 50 cents on a dollar to lower. Technically it could drop to 0.
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