IndyMac Bancorp Falls – Third Largest Bank Failure in History

The time to secure your assets in precious metals is now. This bank had 32 billion dollars in assets at the end of March, we aren’t talking some podunk outfit. This is the 3rd largest failure in the our countries history.

IndyMac Bancorp Fails

Don’t think this can’t happen to your financial institution. One of the largest asset management firms Alliance Bernstein has lost 40% of it’s value since the beginning of 08 alone. It is down to 46 dollars a share from over 100 less than a year ago. How big is Alliance Bernstein AB? They had nearly 1 trillion dollars in assets months ago now it is down to 700 billion.

Leave a Reply

Your email address will not be published. Required fields are marked *