Hi- I read your blog with great interest today as we went through this too for my Mom’s accounts at Indymac that we were told were insured. So far she is still out more than $100,000.
She had three CD’s with Indymac and they convinced her a fourth would still be covered by FDIC insurance. The new CD started the day before the bank was taken over. We tried to get through to close out that CD on the day that it became clear the bank was in trouble, but no one answered the phones and the fax we sent was ignored.
We have tried all methods with the FDIC including the office of the Ombudsman, they only say to wait until the assets are sold and she should get “some” or most of that money back.
What can I do to help this group action?