News wire article from our research archive:
|
|
Federal regulators seize IndyMac Bank in California
- Article from:
-
Xinhua News Agency
- Article date:
-
July 12, 2008
|
Copyright informationCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
|
Federal regulators seize IndyMac Bank in California
LOS ANGELES, July 12 (Xinhua) -- The federal government has
seized IndyMac Bank in California in what regulators called the
second-largest bank failure in U.S. history, it was reported on
Saturday.
The Friday seizure resulted from a massive run on deposits,
according to the Los Angeles Times.
The bank's 33 branches will be closed over the weekend, but the
Federal Deposit Insurance Corp. (FDIC) will reopen the bank on
Monday as IndyMac Federal Bank, Office of Thrift Supervision in
Washington was quoted as saying.
Customers will not be able to bank by phone or Internet over the
weekend, regulators said, but can continue to use ATMs, debit ...
Related newspaper, magazine, and journal articles:
|
FDIC closes IndyMac Bank
Honolulu Star - Bulletin;
July 12, 2008 ;
323 words
...LOS ANGELES IndyMac Bank's assets were seized by federal regulators...and rising foreclosures. The former IndyMac Bank locations will reopen Monday as branches...Bancorp Inc., the holding company for IndyMac Bank, has been struggling to raise capital...
|
|
IndyMac Bank reopens after seizure
Xinhua News Agency;
July 14, 2008 ;
124 words
...IndyMac Bank reopens after seizure LOS ANGELES, July 14 (Xinhua) -- IndyMac Bank, seized last week by federal regulators, reopened on Monday as IndyMac Federal Bank. Hundreds of depositors lined up outside the bank to get their money back as bank executives tried to assuage ...
|
|
It's time to kick off a new push for pro football in Los Angeles.(Los...
Southern California Business Trends;
October 1, 1998 ;
700+ words
...Los Angeles, are you ready for some football? I think...of the luster has been lost from the Los Angeles sports scene. While many new sports and...to think that in a city as diverse as Los Angeles - with its multitude of cultural, civic...
|
|
LOS ANGELES
Young Students Learning Library;
488 words
...00-00-0000 Los Angeles, California, has been one of the fastest-growi...a little more than 100,000. Today, Los Angeles is the second largest city in the...second only to that of New York City. Los Angeles covers about 460 square miles (1,200...
|
|
BETWEEN THE LINES: Ten Years Later; Still No Love for South Central Los...
Los Angeles Sentinel;
May 1, 2002 ;
700+ words
...Samad, A. Asadullah Los Angeles Sentinel 05-01-2002 This week represents...the urban core. In response to the Los Angeles riots of 1992, then President Bush...intended to help (more on that later). Los Angeles raised the level of nationwide interest...
|
|
|
1st LD: IndyMac Bank reopens after seizure
Xinhua News Agency;
July 14, 2008 ;
271 words
...1st LD: IndyMac Bank reopens after seizure LOS ANGELES, July 14 (Xinhua) -- IndyMac Bank, seized last week by federal regulators, reopened on Monday as IndyMac Federal Bank. Hundreds of depositors lined up outside the...deposits. The federal Office of Thrift Supervision (OTS) ...
|
|
Hoy Appoints Acevedo-Franco President of Los Angeles Edition.
PR Newswire;
August 30, 2004 ;
688 words
...Los Angeles Times Exec Bob Palermini Assumes Expanded...Interim Chief Operating Officer of Hoy Los Angeles Digby Solomon, interim publisher of Hoy...Acevedo-Franco has been appointed president of the Los Angeles edition. In addition, Los Angeles Times...
|
|
Community-based Programs and Local Commitment Increases Census...
U.S. Newswire;
June 26, 2000 ;
468 words
...LOS ANGELES, June 26 /U.S. Newswire/ -- The members...the large and diverse population of the Los Angeles area. Their comments came during a public...local census count. Testimony from the Los Angeles hearing will be used in a future report...
|
|
L.A.'s top titles: Los Angeles offers its residents almost as many...
WWD;
October 28, 1994 ;
700+ words
...LOS ANGELES -- To magazine advertisers, how one reaches the Los Angeles market is much like choosing a route through the...the freeways, but there are lots of alternatives. LOS Angeles Magazine, the City's longstanding regional magazine...
|
|
Recreation, the riots and a healthy LA. (Los Angeles, California)
Parks & Recreation;
March 1, 1993 ;
700+ words
...Post-riot Los Angeles has been ablaze with analysis regarding...long-term economic base for South Los Angeles. Absent in these post-riot critiques...developing a living community in South Los Angeles. Into this activity comes the rare...
|
|
|
IndyMac Bank to reopen on Monday
Xinhua News Agency;
July 14, 2008 ;
351 words
...IndyMac Bank to reopen on Monday LOS ANGELES, July 13 (Xinhua) -- IndyMac Bank, the largest bank in California ever to be taken over by regulators, will reopen on Monday as IndyMac Federal Bank, and will be "as safe and sound a bank as any in the country," the bank's new CEO said ...
|
|
|
American Homeowners Association (AHA)(R) Announces IndyMac Bank(R) as...
PR Newswire;
August 8, 2002 ;
674 words
......low mortgage loan rates. Through an IndyMac Bank(R)/AHA co-branded Web site at http...IndyMac best price and service guarantee. IndyMac Bank has been named by Gomez(TM), the Internet...addition to the top overall ranking, IndyMac Bank continues its leadership position above...
|
See all results.
Or, try our
Advanced Search.
|