100s line up for their money

[malaise]

http://www.forbes.com/feeds/ap/2008/07/15/ap5218305.html
<snip>
At one point police had to be called to the branch in the city's normally quiet Encino neighborhood. Tempers grew short when customers who had arrived before dawn accused others of cutting in line.

Some of the line jumpers had been turned away the day before but were given vouchers granting priority by bank employees.

Police quickly restored order without arrests, and as the day progressed people were divided into two lines that each stretched for an entire block. People wanting to close accounts were let in, in groups of five.

Customer Ann Collier, 67, a retired secretary, also chose IndyMac as her bank because of its high interest rates.

Initially, she was careful to deposit less than $100,000 in her account so it would be fully insured by the Federal Deposit Insurance Corp. But over time, her money grew beyond the limit.

She declined to say how much she now might lose.


Put your money in your mattress
http://allday.msnbc.msn.com/archive/2008/07/15/1199797.aspx
Nice read.

edit headline