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FBI looking into IndyMac Bancorp.
The bank is the largest regulated thrift to fail in the last 20 years
Lara Jakes Jordan, AP Writer
Published: July 17, 2008 04:45
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Excerpt: {magazine_leadin}WASHINGTON (AP) _ The FBI is investigating failed bank IndyMac Bancorp Inc. for possible fraud, an official said Wednesday of the government’s latest target following the collapse of the nation’s subprime mortgage market. It was not immediately clear how long the FBI’s probe of the bank has been ongoing — or whether it was opened before last Friday’s takeover of IndyMac by the Federal Deposit Insurance Corp. The investigation appears to be is focused on the company and not individuals…
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