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11 Feb 2011, 2:18 pm by Securites Lawprof
The SEC charged three former senior executives at IndyMac Bancorp with securities fraud for misleading investors about the mortgage lender’s deteriorating financial condition. [read post]
4 Aug 2008, 10:39 pm
Bankruptcy Court Central District Of California (Los Angeles) Bankruptcy Petition #: 2:08-bk-21752-BB Assigned to: Sheri Bluebond Chapter 7 Voluntary Asset Date Filed: 07/31/2008 Debtor IndyMac Bancorp, Inc. c/o Edwin Woodsome Orrick, Harrington & Sutcliffe, LLP 777 South Figueroa Street... [read post]
15 Jul 2008, 10:09 am
This lawsuit did not relate to the IndyMac’s representations regarding Options ARM mortgages or IndyMac’s capital position. [read post]
25 Mar 2008, 7:39 am
After all, when Congress held a hearing earlier this month, IndyMac’s Chairman and CEO, Michael W. [read post]
19 Mar 2013, 9:59 am by Editorial Board
’s (FDIC) arising out of mortgage-backed securities backed by IndyMac Bank, F.S.B (IndyMac) loans. [read post]
14 Jul 2008, 6:48 pm
INDYMAC DEPOSITORS LINE UP TO WITHDRAW in spite of FDIC insurance. [read post]
24 Aug 2009, 6:32 am
Housing advocates say the bank formerly known as IndyMac is one of the worst mortgage lenders for borrowers seeking loan modifications, CNNMoney reported Aug. 18. [read post]
14 Jul 2008, 7:23 pm
The entity reopened on Monday as IndyMac Federal FSB under the control of the FDIC. [read post]
14 Jul 2008, 11:44 am
But after IndyMac, a large mortgage lender in California, collapsed late Friday, Wall Street analysts began posing two crucial questions: Just how many banks might falter? [read post]
18 Jul 2008, 8:37 pm
The letter that Senator Chuck Schumer sent to the Federal Deposit Insurance Corporation and the Office of Thrift Supervision  about IndyMac has been making headlines, especially after the bank run that lead the FDIC to step in officially. [read post]
12 Nov 2012, 12:27 am by Kevin LaCroix
 The separate suit against IndyMac’s former CEO, Michael Perry, remains pending. [read post]
14 Jul 2008, 9:07 pm
Senator Chuck Schumer (D-NY) is being blamed -- somewhat unfairly -- by federal regulators for causing the collapse of the bank IndyMac:... [read post]
14 Jul 2008, 8:57 pm
IndyMac will eat up $4 billion to $8 billion of that fund, the agency estimates, and that could force it to raise more money from the banks that it insures.The agency does not disclose which banks it thinks are troubled. [read post]
12 Jul 2008, 8:50 pm
Charles Schumer (D-NY) for causing a run on Indymac. [read post]
28 Jan 2009, 4:00 am
IndyMac: Signals Possibilities for Investments in Failed, Troubled Banks As noted by Cleary Gottlieb: "The year-end purchase of IndyMac by a PE/hedge fund consortium headlined some key elements for failed and troubled bank sales in the coming year, absent a major shift in policy by the Obama administration, including: - Regulatory flexibility to pre-clear acquirors (through OCC shelf charters or OTS preliminary clearance) as appropriate purchasers of failed institutions [read post]