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#420018 - 07/07/08 05:38 PM IndyMac stops new loans, to cut work force by half
Scott L Offline
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Registered: 01/09/03
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More bad news

IndyMac stops new loans, to cut work force by half

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#420194 - 07/08/08 08:27 AM Re: IndyMac stops new loans, to cut work force by half [Re: Scott L]
WaterMutt Online   content
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He's pretty luck performance bonuses can only be positives, not negative.
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#420929 - 07/10/08 08:48 PM Re: IndyMac stops new loans, to cut work force by half [Re: WaterMutt]
wasjr Offline
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Registered: 08/29/03
Posts: 292
Loc: TN, Boat on Center Hill Lake
I have never seen an analyst's target price at zero. He rates the company underperform....well duh!

NEW YORK (AP) -- Shares of IndyMac Bancorp Inc. plummeted Tuesday morning after the company stopped accepting some loan submissions and trimmed its work force, and an analyst cut his price target to $0. Friedman, Billings, Ramsey & Co. Paul J. Miller Jr. cut his price target on the Pasadena, Calif., company to $0 from $1. He rates the company "Underperform."
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#420969 - 07/11/08 06:07 AM Re: IndyMac stops new loans, to cut work force by half [Re: wasjr]
Indyboater Offline
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Registered: 01/19/03
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Yeah, I've never seen a company be targeted at 0 either. Rats must be scurrying from that sinking ship.

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