Conservatorship

IndyMac Fails; OTS, Schumer Point Fingers 

It’s over for the Pasadena-based thrift that once ruled the Alt-A mortgage roost. On Friday evening, the Federal Deposit Insurance Corp. closed Indymac Bancorp Inc. [stock IMB][/stock] and its $32.01 billion in total assets, and total deposits of $19.06 billion.