IndyMac Investors Buy Bank for $13.9 Billion; FDIC agrees to share loan portfolio losses with IMB Management. New bank will have 33 branches with about 6.5 billion in deposits and $16 billion in loans. IndyMac was ranked as one of the largest banks to go under and among the costliest to the FDIC. Wall Street sets off into 2009 with a solid 3 percent gain from the first day of trading in the New Year. Investors will also react to the Obama stimulus plan he will unveil to congressional leaders.”]
Source: https://www.bankinfosecurity.com/indymac-investors-buy-bank-for-139-billion-a-1144