http://www.indymacdepositors.com/fdic/is-the-indymac-deal-a-little-too-sweet Still Hoping for our Change! Sat, 17 Jul 2010 10:13:42 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.indymacdepositors.com/fdic/is-the-indymac-deal-a-little-too-sweet/comment-page-1#comment-34 Jim Lombard Wed, 07 Jan 2009 04:55:00 +0000 http://www.indymacdepositors.com/uncategorized/is-the-indymac-deal-a-little-too-sweet#comment-34 Depositors(including uninsured) are first in line as creditors along with the FDIC rights to subrogation. Does this mean that IF there are any funds left to disperse to depositors we will have to share with the FDIC? They are an insurance group and charge premiums to member banks. They will recoup by presumably charging higher rates. It would not be right for them to share any other proceeds with us.<br/>Indybank is presently modifying mortgages to certain present customers. They are seemingly getting a break to the detriment of uninsured depositors. We who's deposits enabled the bank to loan money indescriminately get screwed again. Depositors(including uninsured) are first in line as creditors along with the FDIC rights to subrogation. Does this mean that IF there are any funds left to disperse to depositors we will have to share with the FDIC? They are an insurance group and charge premiums to member banks. They will recoup by presumably charging higher rates. It would not be right for them to share any other proceeds with us.
Indybank is presently modifying mortgages to certain present customers. They are seemingly getting a break to the detriment of uninsured depositors. We who’s deposits enabled the bank to loan money indescriminately get screwed again.

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