Monday, April 13, 2009

IndyMac to Be Sold to Group of Equity, Hedge Funds, NYT Reports

IndyMac to Be Sold to Group of Equity, Hedge Funds, NYT Reports Dec. 28 (Bloomberg) IndyMac Bancorp Inc., which failed in July after a run on its deposits, is close to being sold by the government to private equity and hedge fund firms, the New York Times reported, citing people briefed on the deal. The buyers are J.C. Flowers & Co. and Dune Capital Management, New York-based [...] Comments Off

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