Federal regulators are moving to sell the remnants of failed IndyMac Bank before year-end, mopping up from the second-largest bank failure this year.
It was unclear whether the government would sell it off as a whole or in pieces. IndyMac had about $32 billion in assets when it was seized by the FDIC. Its collapse is expected to cost the federal bank insurance fund $8 payday loan.9 billion. Final bids for its assets were due Dec. 15.
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