New Civilization News: 10,000 "uninsured" depositors of Indymac Bank    
 10,000 "uninsured" depositors of Indymac Bank0 comments
2 Dec 2008 @ 07:03, by Gina Martelli

THE GOVERNMENT TRULY DOES NOT BELONG TO THE PEOPLE !!!!!!

I am a victim of the Indymac Bank Takeover.and I am now at a loss for a significant amount of my retirement savings.

As individuals we are being ignored by our government and the media.

How can the Federal government expect to restore consumer confidence if individual depositors are being robbed of their savings????....... No wonder that personal savings are at a historic low point.

The Federal government should take responsibility for not acting sooner to protect Indymac bank depositors.

The Treasury has a MORAL obligation to bail out the "uninsured" depositors of Indymac Bank. They should have acted sooner to protect the depositors.The majority were badly advised by Indymac bank and never notified that their funds were in jeopardy.

We are not people who made speculative investments - we are individuals who accepted lower returns on our money so we could feel protected by the federal government ....Now we are betrayed by the system.

Fat cats are getting billions 'bailout' funds while we ar left holding the bag.

WE ARE BEING SWEPT UNDER THE RUG !!!

LIVES HAVE BEEN RUINED,....and this terrible loss has been devastating to all involved.....We are living a nightmare.

I have found many internet postings from other depositors who were also deceived by Indymac bank..... all tragedies - College funds lost, retirements postponed, retirement nest eggs decimated, family homes in escrow now up in smoke..........broken dreams we have saved all our lives for.

I have literally spent nights on end looking for help, or even only recognition.

Major newspaper editors and reporters have cold heartedly ignored that we exist. We have no way of communicating with each other - we need a voice.

I would deeply appreciate all feedback !!!



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