Breaking: Feds Take Control of Indymac Bank

San Gabriel Valley Tribune › July 16, 2008

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Summary

-- Video: FDIC Spokesperson outside IndyMac

-- Online Extra: IndyMac fact sheet

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Extract

Breaking: Feds Take Control of Indymac Bank

-- Online Extra: OTS announcement of IndyMac's failure

PASADENA - Federal regulators assumed control of IndyMac Bancorp. Inc. on Friday, putting the bank under control of the Federal Deposit Insurance Corp.

The Office of Thrift Supervision,...

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