Federal Deposit Insurance Corporation

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FDIC Plans Sale of IndyMac: Report 

Dec 23, 2008By

The Federal Deposit Insurance Corp. is set to announce the sale of IndyMac Federal Bank, perhaps as early as Wednesday morning, according to a published report Tuesday evening. The FDIC has been managing the banking and mortgage servicing operations of the Pasadena-based lender since the bank was siezed in mid-July.

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