Summary
ONE of America's biggest lenders today suffered the same fate as Bradford & Bingley when an influential analyst slashed its share- price prediction to zero.
Californian mortgage specialist IndyMac Bancorp said last night it would cut 3800 jobs, more than half its workforce, and stop taking on new loans.See the full content of this document
Extract
40% Shares Slump at Us Loans Giant
The US's ...
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