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Run on Banks in L.A. Amid Crisis - more failures loom for the Federal Reserve system

Discussion in 'U.S. Politics' started by Truth-Bringer, Aug 19, 2007.

  1. Truth-Bringer

    Truth-Bringer New Member

    Apr 7, 2007
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    Run on Banks in L.A. Amid Crisis

    "Anxious customers of Countrywide Bank jammed its phone lines, branches and website after the nation's largest mortgage lender -- which owns the bank -- announced it was facing problems from a credit meltdown."

    This is foreshadowing.

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