The Los Angeles times reports that Federal regulators ignored repeated warning signs about Pasadenaâ??s IndyMac Bancorp., and their failure to prevent the mortgage lenderâ??s collapse last year cost the FDIC $10.7 billion â?? nearly $2 billion more than previous estimates, according to a report released today.
posted on February 26, 2009 by
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Federal regulators ignored warning signs about IndyMac
About Ted BillsTed Bills is the founder of Bills Law, LLC, a personal injury law firm dedicated to the representation of innocent victims of car accidents and other types of injury accidents. Ted is a native of Colorado Springs and he obtained his business degree from the University of Colorado and he completed his doctoral studies in law at Washburn University School of Law. Ted is licensed to practice law in all Colorado, Federal, and State courts. His practice areas include: Automobile Accidents, Pedestrian Accidents, Semi Truck and Bus Accidents, Wrongful Death, Catastrophic Injuries, Traumatic Brain Injuries, Spinal Cord Injuries, Insurance Bad Faith, and Medical Malpractice.
