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Bullish on Indymac: CEO Says Lender Has “Turned a Corner” 

May 01, 2008By

Indymac Bancorp Inc. [stock IMB][/stock] CEO Michael Perry said yesterday that the Pasadena, Calif.-based thrift is likely to post better financial results when it reports first quarter earnings on May 12. In an email to employees announcing CFO Scott Keys’ leave of absence due to an unknown medical condition, Perry wrote that “we have turned a corner and that our business is improving.”

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