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'Marketplace' Report: Banking Panic

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'Marketplace' Report: Banking Panic

Economy

'Marketplace' Report: Banking Panic

'Marketplace' Report: Banking Panic

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  • <iframe src="https://www.npr.org/player/embed/92520287/92520270" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

How safe is your bank account? After 11 days of panicked withdrawals, the bank IndyMac opens its doors Monday under control of the Federal Deposit Insurance Corporation. It's one of the largest regulated banks ever to fail. The news has analysts asking which other banks might be facing a similar situation. Alex Chadwick talks with Amy Scott about fears of a banking crisis.

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