Amidst a struggling economy and the fallout of an extenuating mortgage crisis, IndyMac Bancorp., a Pasadena, Calif.-based regional mortgage bank, collapsed on Friday, stirring speculation that several other bank failures are set to follow.
Amidst a struggling economy and the fallout of an extenuating mortgage crisis, IndyMac Bancorp., a Pasadena, Calif.-based regional mortgage bank, collapsed on Friday, stirring speculation that several other bank failures are set to follow.