Indymac Sold

Failed IndyMac Sold For $13.9 Billion

AP | ALAN ZIBEL | Posted 02.02.2009 | Business


WASHINGTON — A seven-member group of investors has teamed up to buy the remnants of failed lender IndyMac Bank, a symbol of the housing boom and...

IndyMac Sale Near: Deal To Sell Failed Bank To Private Equity Firms

New York Times | Zachery Kouwe | Posted 01.29.2009 | Business


IndyMac Bancorp, one of the largest banks to fail as a result of the subprime mortgage crisis, is close to being sold to a consortium of private equit...