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Funny story: IndyMac "shock" value falls to absolute zero; bill (not dividend) sent to shareholders

IndyMac "shock" value falls to absolute zero; bill (not dividend) sent to shareholders

Pasadena, California - IndyMac's now federally controlled phone lines rang off the hook with calls from its shareholders who woke up to a double surprise Friday morning. As they watched their stock value fall to zero (70 cents per share), they op...
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Funny story: Fed reopens IndyMac to rerun in weekend attempt to restore consumer confidence

Fed reopens IndyMac to rerun in weekend attempt to restore consumer confidence

Pasadena, California - IndyMac Bancorp Inc. reopened its corporate headquarter doors to a sunny Southern California day.
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