Huge IndyMac Bank Run in Southern California

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Uploaded by on Jul 18, 2008

Hundreds of worried people line up outside an IndyMac bank in Southern California with hopes to withdraw their money.

Huge bank lines formed, the police were on scene and many people weren't allowed into the bank and were asked to go home.

The news anchor said that he was unable to withdraw any money from an ATM, and wasn't even able to view his account balances at the ATM or online.

The news reporter interviews some very ignorant and misinformed people who don't think their money is FDIC insured.

It's sad to see the lack of financial education in America and let's hope more people start learning online through sites like http://www.CollegeStock.com.

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News & Politics

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Uploader Comments (CollegeStockDean)

  • If there's tension send in a team of masseurs

  • hah nice just make sure they only accept cash :)

  • The Dean wants everyone to take a deep breath and count backwards from 10.

    Too many peoples financial education comes solely from FOX News...its kinda sad.

Top Comments

  • Welcome to the American banking system! Nothing new...

  • Haa Haa Haaa !!!! Ripped off fuktard sheeple.....  now will you believe me ?

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All Comments (15)

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  • Indy Mac helped wake me up.

  • "Basically sound"

  • WAIT IN LINE GET YOU FUCKING MONEY OUT FUCK THEM IF YOUR NOT ON THE LIST WAIT IN LINE GET YOUR MONEY!!!!!!!

  • Demorat Senator Shuster caused the collapse of IndyMac and triggered the crisis we have now. Why isn't he in jail and the Dems that supported Fannie and Freddie.

  • fdic insurance is the biggest joke. 30% up front and the rest WHENEVER THE FUCK THEY WANT TO GIVE IT TO U.

  • what a dumb bitch. hey you know what can do. stop taking your money out duh. that is why its disappearing because you morons are making a run on it. bunch of dumb morons.

  • will citibank run?

  • Yeagh...you get a hand out LOL....great Job by the Anchor guy who is a customer. HE calls the bank on their bullshit!!!!!!

    FUCK THE FEDERAL RESERVE!!!!

    Sig

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