With the collapse of IndyMac bank many Americans are worried that their investments are in jeopardy. Maggie Rodriguez talks with FDIC Chairman Sheila Bair about the state of America's banks.
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After the sudden collapse of IndyMac, many Americans are now concerned about the status and future of their banks. But, as Priya David reports, a financial formula could hold the answer.
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July 14: As IndyMac customers rushed to pull funds from the collapsed financial institution, the focus shifted to whether the FDIC could sustain more failures. CNBC's Erin Burnett reports. (Nightly News)
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Alexis Christoforous reports oil prices drop for the second straight day; Home prices collapse over 30 percent; FBI is investigating whether Indymac committed fraud; Ben Bernanke returns to capital hill
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The federal government is trying to allay fear bank fears all across the country following the collapse of IndyMac in California. Mary Calvi reports.
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