Donkey Punch

July 11, 2008

TIMMMMBERRRRRRR!!!

Filed under: Financial Collapse — t4toby @ 2:23 pm

That’s the sound of the financial system crashing.

I’m making some popcorn.  This is going to be rich.

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3 Comments »

  1. More creaking noises to be heard here

    Comment by protected static — July 11, 2008 @ 4:23 pm

  2. (adding by way of clarification – IndyMac was a major player in the sub-prime market.)

    Comment by protected static — July 11, 2008 @ 4:24 pm

  3. Of course it is a slow motion affair.

    I don’t get how a bank (Indy-Mac) can just be closed and have another one open with the same name. But there is much I don’t understand about the markets…

    Comment by t4toby — July 14, 2008 @ 9:00 am


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