|
|
Article: IndyMac sold: the Federal Deposit Insurance Corp. said a consortium of private equity and hedge fund firms has agreed to buy the assets of IndyMac Federal Bank in a deal valued at $13.9 billion.(NEWS OF THE WEEK)(IMB Management Holdings LP acquires IndyMac Federal Bank F.S.B.)(Brief article)
- Article from:
- Los Angeles Business Journal
- Article date:
- January 12, 2009
CopyrightCOPYRIGHT 2009 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
INDYMAC SOLD: The Federal Deposit Insurance Corp. said a consortium of private equity and hedge fund firms has agreed to buy the assets of IndyMac Federal Bank in a deal valued at $13.9 billion. The FDIC, which took over the failed Pasadena mortgage lender in July, is selling the bank's assets to IMB Management Holdings LP. The group's leaders include buyout specialist Christopher Flowers; ...
Related newspaper, magazine, and journal articles:
|
|
Article: FDIC Turns to Old Tactics in IndyMac Deal.(Federal Deposit ...
American Banker;
January 8, 2009 ;
700+ words
...Byline: Joe Adler WASHINGTON - The Federal Deposit Insurance Corp. finally found a buyer for IndyMac Federal Bank, but the agency will retain much of the risk - and potential reward - on a big chunk of the thrift's assets. "The reason we ...
|
|