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National City (NCC) Taps New 52-Week Low As IndyMac Blow-Up Makes Holders Nervous
National City Corporation (NYSE: NCC) is under heavy pressure today, -13%, but is off the lows. Shares are trading at a new 52-week low.
News this week that IndyMac Bank (NYSE: IMB) was shut-down because of a bank run and will be taken-over by the FDIC is likely making shareholders nervous.
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