- Financial News
- 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.
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