Proposed Amendment Offers Hope for Indymac Depositors

Following an announcement by U.S. Treasury Secretary Timothy Geithner that the Obama administration will extend the Troubled Asset Relief Program (TARP) financial bailout program until next October, the House Rules Committee today considered an amendment to the bill that would increase bank deposit insurance to $250,000 retroactive to July 11, 2008, a date that is [...]

FULL STORY: http://pasadenaindependent.com/latest_news/proposed-amendment-offers-hope-for-indymac-depositors/

Posted by admin on Dec 9th, 2009 and filed under Pasadena News. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.