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Below is the text of an FDIC news release about today’s collapse of IndyMac Bank:
IndyMac Bank, F.S.B., Pasadena, CA, was closed today by the Office of Thrift Supervision. The Federal Deposit Insurance Corporation (FDIC) was named conservator. The FDIC will transfer insured deposits and substantially all the assets of IndyMac Bank, F.S.B., Pasadena, CA, to [...]
BANK FAILURE! IndyMac Bank Closed by FDIC
July 11th, 2008 · 2 Comments
Tags: · bank failure, Bloomberg, fdic, fdic news release, indy mac, indy mac bank, indymac, indymac bank, indyMac bank closed by fdic, indymac bank collapse, SmartMoney, subprime loans, United Press International
