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Reuters: Regulators to run IndyMac until buyer found

Started by dave, July 12, 2008, 02:41:07 AM

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dave

July 12, 2008, 02:41:07 AM
Regulators to run IndyMac until buyer found
      

WASHINGTON (Reuters) - Banking regulators on Friday swooped in to take over mortgage lender IndyMac Bancorp Inc, the second-largest bank failure in U.S. history and the fifth bank to close this year.
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