Federal Deposit Insurance Corporation November 18, 2009 – Federal Register Recent Federal Regulation Documents

Determination of Insufficient Assets To Satisfy Claims Against Financial Institution in Receivership
Document Number: E9-27593
Type: Notice
Date: 2009-11-18
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC, by its Board of Directors, has determined that insufficient assets exist in the receivership of IndyMac Bank, F.S.B., Pasadena, California and the receivership of IndyMac Federal Bank, FSB, Pasadena, California to make any distribution to general unsecured claims, and therefore such claims will recover nothing and have no value.