News of IndyMac Bancorp.’s collapse has spawned similar worries that more regional banks may bite the dust.
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.
News of IndyMac Bancorp.’s collapse has spawned similar worries that more regional banks may bite the dust.
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.