Debt quote: More banks on the way ....

Recommended reading: bank failures in the years to wave Indymac, Corus, UCBH under pressure credit crisis slows the economy By Alistair Barr, MarketWatch Last update: 6:27 pm EDT May 23, 2008Comments: 394SAN FRANCISCO (Dow Jones) - In April, Gary Holloway was Nearly three years into retirement www.marketwatch.com Many more bank failures after Indymac Sun Jul 13, 2008 5:16 pm EDT By Jonathan Stempel - Analysis NEW YORK (Reuters) - U.S. banks may not be in far greater numbers following theCollapse of the big mortgage lender Indymac Bancorp Inc (IMB.N: Quote, Profile, Research, Stock Buzz), straining a system that financial stability after years of lending excesses. More than 300 banks could fail within the next three years, said RBC Capital Markets analyst Gerard Cassidy, who had in February estimated no more than 150 Banks face pressure credit risks even in sub-prime mortgages on home loans and other debts immediately distributed concentrated thought safe. This has also led to investorWorries about the stability of mortgage finance companies Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz), Indymac is that they are neither in the context . Will fail while analysts were saying that banks continue, some smaller lenders and one large, appears Washington Mutual Inc (WM.N: Quote, Profile, Research, Stock Buzz), which have been measured at an elevated level of sour loans in their sizes. "You have to look at companies with...