[Pen-l] IndyMac vs. Citi

[michael perelman]

What explains why the successful treatment of IndyMac has not been 
repeated with the TBTF operations?  Is it that IndyMac was not part of 
the old boys club?  How much did IndyMac cost relative to its hole?
--
Michael Perelman
Economics Department
California State University
Chico, CA
95929
530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com

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