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Content: indymac

Related Tags: Fdic, High yield cds, Banks, Bank failure, High yield cd, Cds, Fsb, Amtrust, Top cd rates, Mnuchin, Cd, Discover bank, Savings accounts, Supervision, Co, Certificates, Brokered cds, Prospect mortgage, Mortgage loans, Office, State bank of india, Fdic insurance, Bank falures, John paulson, Bank.



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One West Bank
Submitted by BankMan  (bestcashcow.com)

One West Bank is the new name for IndyMac Federal Bank, which was recently sold to a consortium of investors. The new bank has $16 billion in assets.

Article | Jun 12, 2009 | Views: 7583 | Comments: 24
Tags: indymac, high yield cd, top cd rates

1

Indymac Purchased by Mnuchin, Paulson & Co. and Others
Submitted by Sam Cass  (bestcashcow.com)

Indymac, one of the first banks to feel the imapact of the credit crisis was purchased today by a consortium led by Dune Capital member Steve Munchin and hedge fund members John Paulson and...

Article | Jan 2, 2009 | Views: 1250 | Comments: 0
Tags: indymac, mnuchin, john paulson, christopher flowers

1

FDIC Takes Massive Loss on Sale of IndyMac
Submitted by JRodgers  (money.cnn.com)

JC Flowers and Paulson&Co. are pretty bright folks so you can be sure that these folks are getting a good deal on IndyMac. It is unfortunate that the FDIC and therefore the taxpayers are taking...

Article | Jan 2, 2009 | Views: 279 | Comments: 1 
Tags: indymac, jc flowers , co, paulson

1

Buy CDs Like there is No Tomorrow; Avoid Money Market Funds
Submitted by JRodgers  (www.bestcashcow.com)

As I suggested in this article, the best move is to buy CDs like mad below the FDIC insurance limit. While online CDs listed on the BestCashCow.com rate tables offer a significant yield pickup,...

Article | Sep 17, 2008 | Views: 622 | Comments: 0 
Tags: amtrust, cds, indymac, discover bank, eloan, state bank of india, brokered cds, corus bank

1

My Experience Renewing a CD at IndyMac Federal Bank
Submitted by soczie  (bestcashcow.com)

IndyMac has fantastic customer service, and my experience with them shows that it is well worthwhile to open CDs in this low interest rate environment.

Article | Aug 27, 2008 | Views: 424 | Comments: 1
Tags: indymac, fdic, fdic insurance, indymac federal bank

1

Indymac Federal Savings Bank Not Effected by Bankruptcy Filing of Indymac Bankcorp
Submitted by BankMan  (bestcashcow.com)

PASADENA, Calif., Aug 01, 2008 (BUSINESS WIRE) -- On Friday, August 1, 2008, IndyMac Bancorp, the former holding company of IndyMac Bank filed for bankruptcy protection under the U.S. Bankruptcy...

Article | Aug 1, 2008 | Views: 792 | Comments: 0
Tags: indymac

1

Look Inside IndyMac and its Downfall
Submitted by ktexas  (www.nytimes.com)

What a bank president doesn't want to hear from from the OTS... IndyMac executives suspected the end was near even before the regulators turned up. Examiners do not warn banks they are coming,...

Article | Jul 29, 2008 | Views: 318 | Comments: 0 
Tags: banks, indymac, fdic, bank closure

1

Indymac is Back
Submitted by BestCash Admin  (bestcashcow.com)

After making news as one of the largest bank failures in US history, Indymac is back as a Federal Savings Bank now run by the FDIC. They are looking for deposits. Is there a safer place to put...

Article | Jul 28, 2008 | Views: 1348 | Comments: 6
Tags: indymac

1

Helocs from at Indymac and More Details
Submitted by Sol Nasisi  (latimesblogs.latimes.com)

Indymac is freezing Home Equity Lines of Credit for a case-by-case review to ensure it doesn't suffer any more significant losses. I wonder what the process is since I don't see how they can...

Article | Jul 14, 2008 | Views: 303 | Comments: 0 
Tags: indymac, bank failure

1

The Coming Bank Failures
Submitted by ktexas  (calculatedrisk.blogspot.com)

This is a good blog post with some history of past bank failures and what we may expect in the future. A chart shows how bad it got in the late 80's and early 90's. Hope it doesn't get that bad...

Article | Jul 14, 2008 | Views: 533 | Comments: 1 
Tags: banks, indymac, fdic, bank falures

1

Feds Shut Down Indymac Bank
Submitted by finblogger  (www.money-rx.com)

On July 11, 2008, IndyMac Bank, F.S.B., Pasadena, CA was closed by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC) was named Conservator.

Article | Jul 12, 2008 | Views: 372 | Comments: 0 
Tags: bank, office, indymac, fdic, fsb, thrift, supervision

1

Failed Indymac to Continue Paying Interest, I Assume
Submitted by BankMan  (bestcashcow.com)

According to the FDIC website, Indymac will continue to pay interest at the contract rate. I assume this means that everyone who opened a high yield CD will continue to receive their interest...

Article | Jul 11, 2008 | Views: 524 | Comments: 1
Tags: indymac, bank failer

1

For opportunists, IndyMac CD yields are a bonanza
Submitted by ktexas  (latimesblogs.latimes.com)

With all the bad publicity and the latest regulatory action, Indymac Bank will likely have to keep their very high CD and savings account rates if they want to keep their deposits. This makes for a...

Article | Jul 9, 2008 | Views: 700 | Comments: 0 
Tags: savings accounts, cd rates, cds, indymac, fdic



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