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2008 financial crisis...

Federal regulators take over IndyMac... The largest bank failure in history (to-date)...



Item # 702128

July 12, 2008

LOS ANGELES TIMES, July 12, 2008

* Fed. regulators take over IndyMac
* Financial crisis of 2007-2008
* Wall Street and the L.A. region in panic


The front page has: "Federal regulators seize crippled IndyMac Bank", with subheading: "A run on the Pasadena thrift ends in one of the biggest financial failures ever. Doors will reopen Monday". The coverage includes multiple front-page graphs along with a related photo and continues on both the inside of section A and on the front page of C (Business). See images for additional details regarding this historic event.
News of the day including amusements (film), sports, etc. is included.
Great to have these reports in a Los Angeles newspaper since the headquarters of IndyMac was in Pasadena, a suburb of L.A.).
The issue appears to be complete with all key sections verified to be present but is being sold for the described content. In very good condition.

Category: The 20th Century