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Reload this Page News, No angry lines of customers after bank takeover. (money, banks, Phoenix)
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Old 07-27-2008, 09:44 AM
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Post News, No angry lines of customers after bank takeover.
PHOENIX - Customers of two banks closed by federal regulators were assured that every penny of their money was protected, preventing lines of angry accountholders from forming Saturday.

The calm response was a stark contrast to the hundreds of angry customers who waited for hours earlier this month in Southern California to demand their money after IndyMac Bank's assets were seized.

No angry lines of customers after bank takeover - Yahoo! News (broken link)
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Old 07-27-2008, 10:05 AM
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The first one is always surrounded by uneasiness. How will it all play out? Will we get all our money? Now the nation has seen how the transition goes, and its not as bad as they envisioned, its no big deal. As more banks fail it will be business as usual for the consumer.
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