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IndyMac roundup: Bank failure causes run on scary headlines

indymac news rounduplos angeles timesopinion l.a.

Los Angeles Times:

Police show up at IndyMac Branches in Encino, Northridge as waiting customers clash
People in line seeking to withdraw their money are told to remain calm or face arrest. A disruption reportedly occurs when some try to cut in line outside the failed institution.
By Andrea Chang and Andrew Blankstein

Banks hit by fallout from the crisis at IndyMac
Worried depositors swarm the seized thrift. Other firms assert strong cash positions.
By E. Scott Reckard and Andrea Chang

Los Tiempos de Nueva York:

Cconfidence ebbs for bank sector and stocks fall
Lines form at lender
As regulators reassure depositors, analysts point to problems
By Louise Story and Eric Dash

La Opinión:

Alto a miles de embargos
IndyMac suspende esas transacciones mientras clientos acuden a retirar su dinero
Yolanda Arenales e Iván Mejía

Sistema hipotecario en suspenso
Problemas de Fannie y Freddie harán más difíciles los préstamos
Yolanda Arenales

Orange County Register:

Lenders' woes cause jitters
IndyMac reopens as worried customers check on accounts or withdraw their funds .
By Mary Ann Milbourn

Daily News:

Run on IndyMac continues
We want our cash, worried account holders say
By Gregory J. Wilcox

USA TODAY:

Anxiety sends regional banks' shares plunging
By Kathy Chu and Jefferson Graham

Financial Times:

Bail-out fails to calm nerves
Large regional banks suffer in wide sell-off
Shine taken off Fannie and Freddie backing
By Francesco Guerrera, Saskia Scholtes and Henny Sender in New York and James Politi and Krishna Guha in Washington

 

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