Indymac Seized

IndyMac Customers Line Up To Transfer Money To Mattresses

Reuters | Posted 07.23.2008 | Business


With Federal Reserve Chairman Ben Bernanke reiterating that the U.S. economy isn't in great shape, government-sponsored enterprises Fannie Mae and Fre...

Did Sen. Charles Schumer Cause The IndyMac Failure? He Says No

CNNMoney.com | Posted 07.23.2008 | Business


NEW YORK (CNN) -- Sen. Charles Schumer said Sunday the Bush administration is trying to "blame the fire on the person who calls 9-1-1" by suggesting h...

RIP Indymac

Michelle Leder | Posted 07.20.2008 | Business


Michelle Leder

Exactly five months ago -- on Feb. 12 -- Indymac (IMB) sent this letter to its investors, which it also filed as an 8K. The 8-page letter was unusuall...

Regulators Seize IndyMac

AP | ALEX VEIGA | Posted 07.19.2008 | Business


LOS ANGELES — IndyMac Bank's assets were seized by federal regulators on Friday after the mortgage lender succumbed to the pressures of tighter ...