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FBI investigates IndyMac for possible fraud: report
The Federal Bureau of Investigation is probing IndyMac Bancorp Inc. for possible fraud in connection with home loans made to risky borrowers, according to a report Wednesday by the Associated Press. The report, which cited an unnamed law-enforcement source, said the FBI's investigation focuses on the company, which was taken over by the Federal Deposit Insurance Corp. last Friday, and not the people who ran it.
Posted by: Fred 2008-07-17
http://www.rantburg.com/poparticle.php?ID=244410