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Dispatch from Encino: The IndyMac Run Is On

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No wonder the crowd was so small at today's "Take Back Our City" rally. Most of LA was busy taking their money back from IndyMac. The bank, recently taken over by the Feds, saw lines reminiscent of the recent iPhone lines. A friend of Curbed was there to snap some pics and report back. "This Indymac bank is next to my office in Encino. These people are all in line to close their accounts. The LAPD showed up to "keep the peace" between representatives of Wells Fargo, Wamu, Citi and Bank of America who all showed up to recruit new clients?scary."
· IndyMac Reopens Under Restrictions [LABJ]
· IndyMac Customers in Mad Rush to Withdraw Money [Originator Times]