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What happens to the shares of IndyMac still held by private citizens?

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What happens to the shares of IndyMac still held by private citizens?

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  1. I am one of those individuals.  I caught the news running across the ticker last night.

    The first thing that I did was call my Brokerage Company's 24 hr customer service line.

    I informed them that I would like my paper certificates of IMB sent to me.  It will probably cost me more to execute a trade on IMB than to do nothing.

    I plan on framing them with an article or two about the collapse.  They are going to be worthless.

    The real losers will be the folks who had accounts with Indy that exceeded f.d.i.c. insurance maximums.  Reports say that 1 billion of the 19 billion in deposits that Indy had as of Friday will be lost because of this.

    ALWAYS MAKE SURE THAT YOU FALL WITHIN F.D.I.C. LIMITS! In this present environment anything is possible.

    Good Luck to All!


  2. BIG 0

    BIG 0

    BIG 0

    BIG 0

    BIG 0

    BUT YOU CAN WRTIE IT OFF UP TO $3000 ON YOUR TAXES

  3. Stock shares?  They will be essentially worthless.
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