IndyMac Depositors Seek To Testify Before Congress Affirms Fran Quittel

Posted by Lisa on January 7, 2009 · View Comments 

EMERYVILLE, Calif./EWORLDWIRE/Jan. 6, 2009 — A group of IndyMac depositors is requesting to be included in Congressional hearings before the proposed sale of IndyMac Federal Bank, FSB (IndyMac) to IMB Management Holdings LP is finalized. The pending sale, announced by the Federal Deposit Insurance Corporation (FDIC) on Jan. 2, 2009, is expected to be finalized quickly.
Click this link: http://www.eworldwire.com/pdf/19265.pdf to read the rest of the story…

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Contact Senator Chuck Grassley

Posted by Lisa on January 7, 2009 · View Comments 

Click Here to contact Senator Chuck Grassley

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Know When To Hold ‘Em

Posted by on January 7, 2009 · View Comments 

The FDIC sells failed IndyMac Bank too soon—and for too little. Here is a recent article which effects all of the uninsured depositors Click HERE to read. The FDIC said it could run Indymac for years if necessary. I have news for everyone, the FDIC has no interest in insuring depositors that were lied to by Indymac Bank that exceeded FDIC limits or whose beneficiaries were denied coverage. The FDIC knew what was going on and what banks were telling their customers. They choose to look the other way. They are just as at fault.

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Wall Streeters Flock to Indymac-WSJ 1-5-09

Posted by Lisa on January 5, 2009 · View Comments 

Click Here to read this article. Please post your comments regarding your thoughts on why this bank is NOW a popular investment for Wall Street.

Lisa

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Is the IndyMac Deal a Little Too Sweet?

Posted by on January 5, 2009 · View Comments 

Not for us uninsured depositors!!! Please read this latest article appearing in the The Wall Street Journal this morning Click Here to read. Just another fine example on how the Federal Government and the FDIC are looking out for the interests of failed Indymac Bank uninsured depositors.

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San Gabriel Valley News Article Quotes Lisa Marshall, David Barr

Posted by Lisa on January 3, 2009 · View Comments 

Click Here to read the story.

In short, David Barr states that the depositors already saw 50% of funds returned, where the FDIC has been paid back nothing.

Question…Does ALLSTATE make sure it can take your house if it has to replace your auto?

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Mother of U.S. Soldier, Lost Son, Then Lost Deposit from Insurance

Posted by Lisa on January 3, 2009 · View Comments 

Click here to read about Elaine Lopez of Whittier, who lost a deposit at Indymac.

The deposit was her son’s life insurance policy payout.

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LA TIMES article

Posted by on January 3, 2009 · View Comments 

http://www.latimes.com/news/la-fi-indymac3-2009jan03,0,5772879,full.story

THRIFTS

IndyMac Bank buyers keep tight-lipped on plan for reviving failed thrift

Private investors agree to purchase the bank for $13.9 billion and promise to make the 33-branch thrift a ‘healthy banking institution’ again. How they’ll do so remains unclear.

By E. Scott Reckard January 3, 2009

Private investors closed a deal Friday to buy Pasadena’s IndyMac Bank from regulators, promising to make the 33-branch thrift a “healthy banking institution” again. How exactly do they plan to accomplish that? So far, no one’s saying.

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WSJ blog

Posted by on January 3, 2009 · View Comments 

All of us should comment on this WSJ blog:

http://blogs.wsj.com/deals/2009/01/02/deal-maker-profile-new-indymac-ceo-steve-mnuchin/#comment-148623

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Good for us!

Posted by on January 3, 2009 · View Comments 

Of course, it would be great for someone in the latest indymac transaction to return all funds, but it is also GREAT that our government agencies took one more step to perpetuate what we have already seen as “systematic, legitimized fraud.”

Let us just continue to document all that has happened . . Publishers and serious investigative journalists are interested in the stories of individual citizens sacrificed for a hedge fund, particuarly since Congress wil soon rule on Madoff’s high ranking investors who have approached the SEC for a ruling to return all funds . . . someone at a very high level is listening to these hedge fund INVESTORS AND . . . WHADYA know . . . journalists are interested in average citizens too . . .

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