Ho-lee cow.
Possible connected to CHicago...to follow up on later.
Posted on Saturday, January 03, 2009 5:33:49 PM by neverdem
http://www.freerepublic.com/focus/news/2158257/posts?page=1#1
The FDIC has just announced that a consortium of private equity and hedge fund firms would be buying IndyMac. IndyMac was an independent “bridge bank” spun off of Countrywide Mortgage in the late 90s. IndyMac acted as a “bridge bank” to Fannie Mae and Freddie Mac.