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Stories tagged with IndyMac Bank

IndyMac failure to cost FDIC $4 billion to $8 billion

By Gary Jacobson   |   July 11, 2008 at 8:02pm   |   0 Comments

Federal regulators closed IndyMac Bank Friday afternoon and transferred operation to the Federal Deposit Insurance Corporation.

IndyMac’s Michael Perry has the toughest job in America

By Gary Jacobson   |   July 9, 2008 at 2:22pm   |   2 Comments

To say IndyMac CEO Michael Perry is in a tough spot is an understatement. He might be on a mission impossible.


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