Posts Tagged ‘pasadena ca’
Where can I learn the list of other banks at risk for FDIC takeover?
June 30th, 2009
IndyMac, based in Pasadena, CA, is the second-largest takeover (Friday, 7/12/8) by the FDIC (Federal Deposit Insurance Corporation) in history.
Our local bank came under Department of Treasury scrutiny for "unsafe & unsound banking practices" last fall; and remedial measures agreed by the bank board & the Comptroller of the Currency (department of Treasury) are "still pending."
Is there any other method of public inquiry, other than resorting to the federal FOIA request system, which has been disregarded in wholesale proportions by the Geo. W. Bush administration?
If you're new to FYInance, we're going to make it worth your while to subscribe to our FYInance RSS feed. It will keep you up to date, on your terms!
Posted in Financial Questions | 
Tags: amp, bush administration, comptroller of the currency, department of treasury, deposit insurance corporation, fdic, federal deposit insurance, federal deposit insurance corporation, federal foia, foia, foia request, local bank, pasadena ca, proportions, public inquiry, remedial measures, request system, scrutiny, takeover, wholesale | 
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