IndyMac Bank Re-Opens Its Doors After Being Taken Over by the FDIC

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Last week the federal government closed down the IndyMack Bank in Pasadena—a major mortgage holder with 33 branches.  When it reopened this morning, depositors were lined up on the sidewalks. 

Credits

Guest:

  • Kathy Kristof - Financial reporter and columnist for the Los Angeles Times

Host:

Warren Olney

Producers:

Karen Radziner, Christian Bordal