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FDIC Sues Former Executives At Indymac's Homebuilding Loan Division

Tuesday, July 13, 2010 - 5:09 AM
From the LA Times Money & Company Blog
Federal regulators have filed a $300-million negligence lawsuit against four former executives at IndyMac Bank, accusing them of granting loans to home builders who were unlikely to repay the debts.

Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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