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FBI investigates IndyMac

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The FBI is investigating IndyMac Bancorp for possible fraud. On Friday, the Federal Deposit Insurance Corp. took over IndyMac because bank regulators did not think the lender could meet its depositors’ demands. Regulators say the bank is the largest regulated thrift to fail in the last 20 years. The FBI is investigating 21 companies tied to the subprime mortgage crisis, up from 19 last month.

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