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mobilemark
Lv 7
mobilemark asked in Business & FinanceCorporations · 1 decade ago

indymac closer -the press keep saying this was 2nd biggest bank faluire?

closed-the press keep saying this was 2nd biggest bank failure

what (or who was the first ?

was it Lincoln savings thats my guess)

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  • SDD
    Lv 7
    1 decade ago
    Favorite Answer

    Continental Illinois Bank

  • rosco
    Lv 6
    1 decade ago

    Hi,The thing is ,these big banks own a lot of smaller banks and DO NOT change the names of the banks they acquire.So if you see a local bank disappear in your state or area it could belong to the large banks group.

    Source(s): Your Government states that everything is fine and backed by them.Doesn`t that give you a warm feeling.
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