<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title>IndyMac Bancorp Inc.: News &amp; Videos about IndyMac Bancorp Inc. - CNN.com</title><link>http://topics.edition.cnn.com/topics/feeds/rss/IndyMac_Bancorp_Inc</link><description>Find stories, videos, and photos about IndyMac Bancorp Inc. from CNN.com.</description><language>en-us</language><copyright>Cable News Network LP, LLLP.</copyright><pubDate>Wed, 25 Nov 2009 22:32:34 GMT</pubDate><ttl>5</ttl><image><title>IndyMac Bancorp Inc.: News &amp; Videos about IndyMac Bancorp Inc. - CNN.com</title><url>http://i.cdn.turner.com/cnn/.element/img/1.0/logo/cnn.logo.rss.gif</url><link>http://topics.edition.cnn.com/topics/feeds/rss/IndyMac_Bancorp_Inc</link><width>144</width><height>33</height><description>Find stories, videos, and photos about IndyMac Bancorp Inc. from CNN.com.</description></image><item><title>The dark side of merger talk</title><link>http://money.cnn.com/2009/10/01/markets/thebuzz/index.htm</link><guid>http://money.cnn.com/2009/10/01/markets/thebuzz/index.htm</guid><description>Psst. Did you hear who Microsoft is going to buy next? No? Me neither. But that hasn't stopped traders from gossiping.</description><pubDate>Fri, 02 Oct 2009 13:32:00 EDT</pubDate></item><item><title>Barbarians back at bank gates</title><link>http://money.cnn.com/2009/08/26/news/economy/banks.private.fortune/index.htm</link><guid>http://money.cnn.com/2009/08/26/news/economy/banks.private.fortune/index.htm</guid><description>Regulators cleaning up after bank failures showed Wednesday how far they're willing to reach out for help.</description><pubDate>Thu, 27 Aug 2009 09:06:00 EDT</pubDate></item><item><title>IndyMac's mortgage struggle</title><link>http://money.cnn.com/2009/08/18/news/economy/IndyMac_OneWest_mortgage_modification/index.htm</link><guid>http://money.cnn.com/2009/08/18/news/economy/IndyMac_OneWest_mortgage_modification/index.htm</guid><description>Five months after securing a sweet deal to buy IndyMac Bank, the new owners say they are fulfilling their obligation to modify troubled home loans.</description><pubDate>Tue, 18 Aug 2009 22:49:00 EDT</pubDate></item><item><title>BB&amp;amp;T buys Colonial bank; 4 other banks fail</title><link>http://money.cnn.com/2009/08/14/news/companies/colonial_bancgroup/index.htm</link><guid>http://money.cnn.com/2009/08/14/news/companies/colonial_bancgroup/index.htm</guid><description>Troubled Colonial BancGroup will be bought by rival BB&amp;amp;T Friday, the government said after state regulators closed the bank whose assets had been frozen by a federal judge.</description><pubDate>Sat, 15 Aug 2009 04:11:00 EDT</pubDate></item><item><title>Profiting from bank failures</title><link>http://money.cnn.com/2009/07/29/news/economy/failed.banks.fortune/index.htm</link><guid>http://money.cnn.com/2009/07/29/news/economy/failed.banks.fortune/index.htm</guid><description>Cleaning up after bank failures is one chore you won't hear bankers complaining about.</description><pubDate>Wed, 29 Jul 2009 16:51:00 EDT</pubDate></item><item><title>Florida bank collapses - firms swoop in</title><link>http://money.cnn.com/2009/05/21/news/companies/BankUnited/index.htm</link><guid>http://money.cnn.com/2009/05/21/news/companies/BankUnited/index.htm</guid><description>A consortium of private equity firms has acquired BankUnited FSB in Florida after the savings and loan was shut down by federal regulators Thursday.</description><pubDate>Thu, 21 May 2009 23:29:00 EDT</pubDate></item><item><title>It's time to break up banks' top regulator</title><link>http://money.cnn.com/2009/04/09/news/economy/breaking_views.breakingviews/index.htm</link><guid>http://money.cnn.com/2009/04/09/news/economy/breaking_views.breakingviews/index.htm</guid><description>U.S. financial regulators have spent the last several years in a race to impotence. The clear winner of this chase to the bottom is the Office of Thrift Supervision (OTS), the agency that served as chief financial regulator to a motley crew of credit crunch losers, including Countrywide, Washington Mutual, IndyMac and American International Group. Shuttering OTS would be a good first prize.</description><pubDate>Thu, 09 Apr 2009 18:26:00 EDT</pubDate></item><item><title>Time to kill the big banks?</title><link>http://money.cnn.com/2009/03/09/markets/thebuzz/index.htm</link><guid>http://money.cnn.com/2009/03/09/markets/thebuzz/index.htm</guid><description>What's the best way to fix the nation's banking system? Well, at least two senators making the rounds on the Sunday morning political TV gabfests think it's to let the megabanks fail.</description><pubDate>Mon, 09 Mar 2009 18:05:00 EDT</pubDate></item><item><title>Get ready for a wave of bank failures</title><link>http://money.cnn.com/2009/02/20/news/companies/bank_failures/index.htm</link><guid>http://money.cnn.com/2009/02/20/news/companies/bank_failures/index.htm</guid><description>If it's Friday, there must be a bank failing somewhere across the country.</description><pubDate>Sat, 21 Feb 2009 03:12:00 EST</pubDate></item><item><title>Octuplet Mom's Family Home Is in Default</title><link>http://www.people.com/people/article/0,,20259919,00.html?xid=rss-fullcontentcnn</link><guid>http://www.people.com/people/article/0,,20259919,00.html?xid=rss-fullcontentcnn</guid><description>The babies' grandmother hasn't paid the mortgage on their home for 10 months</description><pubDate>Thu, 19 Feb 2009 12:48:00 EST</pubDate></item><item><title>Wilbur Ross: I will buy a bank</title><link>http://money.cnn.com/2009/01/06/news/companies/ross_banks/index.htm</link><guid>http://money.cnn.com/2009/01/06/news/companies/ross_banks/index.htm</guid><description>Billionaire investor Wilbur Ross, known for his investments in distressed companies in the steel, automotive industries, said it is only a matter of time before his firm acquires a bank.</description><pubDate>Tue, 06 Jan 2009 20:51:00 EST</pubDate></item><item><title>Investors to buy IndyMac - $13.9B</title><link>http://money.cnn.com/2009/01/02/news/companies/indymac/index.htm</link><guid>http://money.cnn.com/2009/01/02/news/companies/indymac/index.htm</guid><description>The Federal Deposit Insurance Corp. announced Friday that it had struck a deal to sell failed mortgage lender IndyMac to a group of private investment firms for $13.9 billion.</description><pubDate>Fri, 02 Jan 2009 23:29:00 EST</pubDate></item><item><title>Stocks rise in early going</title><link>http://money.cnn.com/2008/12/30/markets/stockswatch/index.htm</link><guid>http://money.cnn.com/2008/12/30/markets/stockswatch/index.htm</guid><description>Stocks gained Tuesday morning as investors welcomed the government's decision to pour $6 billion into GMAC, the financing arm of struggling automaker General Motors.</description><pubDate>Tue, 30 Dec 2008 14:48:00 EST</pubDate></item><item><title>FDIC is set to sell IndyMac</title><link>http://money.cnn.com/2008/12/29/news/companies/indymac/index.htm</link><guid>http://money.cnn.com/2008/12/29/news/companies/indymac/index.htm</guid><description>A group of investors is on the verge of buying the one of the nation's largest failed banks.</description><pubDate>Mon, 29 Dec 2008 23:37:00 EST</pubDate></item><item><title>Stocks falter to start the week</title><link>http://money.cnn.com/2008/12/29/markets/markets_newyork/index.htm</link><guid>http://money.cnn.com/2008/12/29/markets/markets_newyork/index.htm</guid><description>Stocks fell Monday, closing lower on one of the final trading days of a dismal year, amid global tensions and downbeat corporate news.</description><pubDate>Mon, 29 Dec 2008 22:40:00 EST</pubDate></item><item><title>Stocks wobble at the open</title><link>http://money.cnn.com/2008/12/29/markets/stockswatch/index.htm</link><guid>http://money.cnn.com/2008/12/29/markets/stockswatch/index.htm</guid><description>Stocks were mixed Monday morning as investors returned for the final few trading days of 2008.</description><pubDate>Mon, 29 Dec 2008 14:50:00 EST</pubDate></item><item><title>FDIC nears IndyMac sale</title><link>http://money.cnn.com/2008/12/24/news/companies/indymac/index.htm</link><guid>http://money.cnn.com/2008/12/24/news/companies/indymac/index.htm</guid><description>The final chapter is close to being written on IndyMac, the California thrift that rose high on the risky mortgages that fueled the housing boom before collapsing in the most expensive bank failure in U.S. history.</description><pubDate>Fri, 26 Dec 2008 13:10:00 EST</pubDate></item><item><title>Banking on another bad year in '09</title><link>http://money.cnn.com/2008/12/22/news/companies/banks_2009/index.htm</link><guid>http://money.cnn.com/2008/12/22/news/companies/banks_2009/index.htm</guid><description>Bankers are counting down the days until they officially close the book on a terrible 2008. Too bad the outlook for 2009 is just as dismal.</description><pubDate>Mon, 22 Dec 2008 15:13:00 EST</pubDate></item><item><title>Why Sheila Bair wants to bail out consumers</title><link>http://money.cnn.com/2008/12/12/news/newsmakers/morris_bair.fortune/index.htm</link><guid>http://money.cnn.com/2008/12/12/news/newsmakers/morris_bair.fortune/index.htm</guid><description>Sheila Bair may now be a lightning rod, but at least she's finally getting some respect.</description><pubDate>Fri, 12 Dec 2008 19:56:00 EST</pubDate></item><item><title>FDIC chief: Intervene on foreclosures</title><link>http://money.cnn.com/2008/12/02/real_estate/Bair_on_bailouts/index.htm</link><guid>http://money.cnn.com/2008/12/02/real_estate/Bair_on_bailouts/index.htm</guid><description>The nation's top banking regulator warned Tuesday that help for troubled homeowners is failing to keep pace with the foreclosure crisis.</description><pubDate>Tue, 02 Dec 2008 23:18:00 EST</pubDate></item><item><title>House hearing spotlights mortgage rescue plans</title><link>http://money.cnn.com/2008/11/12/news/economy/house_mortgage_hearing/index.htm</link><guid>http://money.cnn.com/2008/11/12/news/economy/house_mortgage_hearing/index.htm</guid><description>Rep. Barney Frank, chairman of the House Committee on Financial Services, highlighted the need for a bailout program for troubled homeowners on Wednesday. But he stressed that not all borrowers should necessarily be rescued.</description><pubDate>Wed, 12 Nov 2008 18:34:00 EST</pubDate></item><item><title>Citi to modify $20 billion in home loans</title><link>http://money.cnn.com/2008/11/10/real_estate/Citi_steps_up_foreclosure_help/index.htm</link><guid>http://money.cnn.com/2008/11/10/real_estate/Citi_steps_up_foreclosure_help/index.htm</guid><description>Citigroup says it will expand its foreclosure prevention efforts and try to keep 130,000 troubled borrowers with $20 billion in mortgages in their homes.</description><pubDate>Tue, 11 Nov 2008 15:25:00 EST</pubDate></item><item><title>The Next Bailout: Helping Homeowners in Distress</title><link>http://www.time.com/time/business/article/0,8599,1854953,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/business/article/0,8599,1854953,00.html?xid=feed-cnn-topics</guid><description>The Bush Administration is working to create a program that would cut down on foreclosures by helping creditworthy borrowers make their monthly mortgage payments</description><pubDate>Thu, 30 Oct 2008 14:00:00 EDT</pubDate></item><item><title>One failed bank gets the housing fix right</title><link>http://money.cnn.com/2008/10/24/real_estate/indymac_solution/index.htm</link><guid>http://money.cnn.com/2008/10/24/real_estate/indymac_solution/index.htm</guid><description>The battered economy is in desperate need of a housing fix, and one failed bank just may have the answer.</description><pubDate>Fri, 24 Oct 2008 20:44:00 EDT</pubDate></item><item><title>New foreclosure plan on tap</title><link>http://money.cnn.com/2008/10/23/news/economy/bair_testimony_tarphomeownerhelp/index.htm</link><guid>http://money.cnn.com/2008/10/23/news/economy/bair_testimony_tarphomeownerhelp/index.htm</guid><description>The federal government, which has been criticized for not doing enough for Main Street while coming to the immediate aid of banks, is working on a new plan to help troubled homeowners.</description><pubDate>Thu, 23 Oct 2008 18:44:00 EDT</pubDate></item><item><title>Small biz: Here's the help we really need</title><link>http://money.cnn.com/2008/10/14/smallbusiness/fdic_insurance_increase.smb/index.htm</link><guid>http://money.cnn.com/2008/10/14/smallbusiness/fdic_insurance_increase.smb/index.htm</guid><description>President Bush's announcement Tuesday that the Federal Deposit Insurance Corp. will temporarily do away with its insurance caps and cover all deposits in non-interest bearing accounts was a measure aimed straight at Main Street. But critics say the step doesn't address the most critical problem threatening small businesses: slow sales and a sluggish credit market.</description><pubDate>Tue, 14 Oct 2008 17:40:00 EDT</pubDate></item><item><title>Life after your bank fails</title><link>http://money.cnn.com/2008/09/28/smallbusiness/bank_failures.smb/index.htm</link><guid>http://money.cnn.com/2008/09/28/smallbusiness/bank_failures.smb/index.htm</guid><description>When recruiting consultant Fran Quittel heard on her car radio one Friday afternoon in July that her bank, IndyMac, had been seized by federal regulators, she was surprised but unworried. An IndyMac customer for five years, Quittel had both personal accounts and business accounts at the bank, but she was confident her accounts contained less than the $100,000 insured by the Federal Deposit Insurance Corp.</description><pubDate>Tue, 14 Oct 2008 15:52:00 EDT</pubDate></item><item><title>The Financial Hazards of Washington's Rumor Mill</title><link>http://www.time.com/time/nation/article/0,8599,1849491,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/nation/article/0,8599,1849491,00.html?xid=feed-cnn-topics</guid><description>Singling out Wall Street bailout candidates is an increasingly risky proposition for beltway politicians</description><pubDate>Mon, 13 Oct 2008 09:00:00 EDT</pubDate></item><item><title>What about my mortgage?</title><link>http://money.cnn.com/2008/09/23/news/economy/helping_homeowners/index.htm</link><guid>http://money.cnn.com/2008/09/23/news/economy/helping_homeowners/index.htm</guid><description>The Bush administration wants to help beleaguered financial institutions - and prevent the financial crisis from getting worse - by spending $700 billion to buy up troubled mortgage securities.</description><pubDate>Tue, 23 Sep 2008 12:41:00 EDT</pubDate></item><item><title>12th bank failure of the year announced</title><link>http://money.cnn.com/2008/09/19/news/companies/ameribank_closure/index.htm</link><guid>http://money.cnn.com/2008/09/19/news/companies/ameribank_closure/index.htm</guid><description>Ameribank Inc. was shut down on Friday by the Office of the Thrift Supervision, making it the 12th bank this year to go under.</description><pubDate>Sat, 20 Sep 2008 00:48:00 EDT</pubDate></item><item><title>Lenders to FHA: Thanks but no thanks for your help</title><link>http://money.cnn.com/2008/09/17/real_estate/Hope_for_homeowners_hearing/index.htm</link><guid>http://money.cnn.com/2008/09/17/real_estate/Hope_for_homeowners_hearing/index.htm</guid><description>As part of the massive housing rescue bill passed by Congress in July, troubled borrowers will be able to refinance their home loans with the backing of the Federal Housing Authority (FHA) starting on October 1.</description><pubDate>Wed, 17 Sep 2008 20:02:00 EDT</pubDate></item><item><title>Number 11: Nevada Bank Closes</title><link>http://www.time.com/time/nation/article/0,8599,1839286,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/nation/article/0,8599,1839286,00.html?xid=feed-cnn-topics</guid><description>Nevada regulators have shut down Silver State Bank. It was the 11th failure this year of a federally insured bank</description><pubDate>Sat, 06 Sep 2008 05:00:00 EDT</pubDate></item><item><title>What the 'problem bank' list doesn't say</title><link>http://money.cnn.com/2008/08/28/news/companies/fdic_banks/index.htm</link><guid>http://money.cnn.com/2008/08/28/news/companies/fdic_banks/index.htm</guid><description>The government's latest assessment of the nation's financial system showed that many more small banks are in trouble. But what the report didn't say may speak volumes.</description><pubDate>Thu, 28 Aug 2008 17:56:00 EDT</pubDate></item><item><title>FDIC to boost insurance fund</title><link>http://money.cnn.com/2008/08/26/news/economy/FDIC_fund/index.htm</link><guid>http://money.cnn.com/2008/08/26/news/economy/FDIC_fund/index.htm</guid><description>The recent failure of IndyMac has sent the FDIC's insurance fund balance to its lowest levels since 1995. This is forcing the regulator to boost its reserves by increasing the fees banks pay.</description><pubDate>Thu, 28 Aug 2008 14:27:00 EDT</pubDate></item><item><title>Problem bank list keeps growing</title><link>http://money.cnn.com/2008/08/26/news/economy/fdic_banks/index.htm</link><guid>http://money.cnn.com/2008/08/26/news/economy/fdic_banks/index.htm</guid><description>The number of troubled banks on the government's watch list grew dramatically last quarter.</description><pubDate>Wed, 27 Aug 2008 14:19:00 EDT</pubDate></item><item><title>FDIC: Bank Profits Fell 86% in 2Q
</title><link>http://www.time.com/time/business/article/0,8599,1836271,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/business/article/0,8599,1836271,00.html?xid=feed-cnn-topics</guid><description>Federal regulators say U.S. banking industry profits plunged by 86 percent in the second quarter, as slumps in the housing and credit markets continued</description><pubDate>Tue, 26 Aug 2008 20:00:00 EDT</pubDate></item><item><title>US regulators shut Kansas bank</title><link>http://money.cnn.com/2008/08/23/news/companies/kansasbank_closure/index.htm</link><guid>http://money.cnn.com/2008/08/23/news/companies/kansasbank_closure/index.htm</guid><description>Federal regulators on Friday shut down Kansas bank Columbian Bank and Trust Company, which was struggling with losses on soured real estate loans.</description><pubDate>Sat, 23 Aug 2008 12:16:00 EDT</pubDate></item><item><title>IndyMac borrowers to get relief</title><link>http://money.cnn.com/2008/08/20/real_estate/fdic_indymac_mods/index.htm</link><guid>http://money.cnn.com/2008/08/20/real_estate/fdic_indymac_mods/index.htm</guid><description>The FDIC, six weeks after taking over mortgage lender IndyMac Bank, said Wednesday that it will start systematically modifying some of the bank's most troubled loans to keep borrowers in their homes.</description><pubDate>Wed, 20 Aug 2008 21:46:00 EDT</pubDate></item><item><title>IndyMac customers keep more of their cash</title><link>http://money.cnn.com/2008/08/13/news/companies/indymac/index.htm</link><guid>http://money.cnn.com/2008/08/13/news/companies/indymac/index.htm</guid><description>Consumers who banked with failed mortgage lender IndyMac will lose a whole lot less money than originally feared.</description><pubDate>Wed, 13 Aug 2008 16:31:00 EDT</pubDate></item><item><title>Bonds rise after bank shutdowns</title><link>http://money.cnn.com/2008/07/28/markets/bondcenter/bonds/index.htm</link><guid>http://money.cnn.com/2008/07/28/markets/bondcenter/bonds/index.htm</guid><description>Treasury prices rose Monday after the government shutdown of two local banks on Friday sparked further worries about the strength of the U.S. financial sector.</description><pubDate>Mon, 28 Jul 2008 19:40:00 EDT</pubDate></item><item><title>Problem banks: What you need to know</title><link>http://money.cnn.com/2008/07/26/news/economy/fdic_list_what_it_means/index.htm</link><guid>http://money.cnn.com/2008/07/26/news/economy/fdic_list_what_it_means/index.htm</guid><description>The federal rescue on Friday of two more failing banks - two weeks after the high-profile seizure of IndyMac Bank - leaves many Americans wondering whether their bank is safe.</description><pubDate>Sat, 26 Jul 2008 14:36:00 EDT</pubDate></item><item><title>Day of 'reckoning' for banks</title><link>http://money.cnn.com/2008/07/22/markets/thebuzz/index.htm</link><guid>http://money.cnn.com/2008/07/22/markets/thebuzz/index.htm</guid><description>So much for all the good news from the financial sector.</description><pubDate>Tue, 22 Jul 2008 15:48:00 EDT</pubDate></item><item><title>Most banks are safe ... so is the FDIC</title><link>http://money.cnn.com/2008/07/21/news/economy/fdic/index.htm</link><guid>http://money.cnn.com/2008/07/21/news/economy/fdic/index.htm</guid><description>The FDIC has gone out of its way to stress that most banks are safe. But how safe is the FDIC?</description><pubDate>Mon, 21 Jul 2008 08:00:00 EDT</pubDate></item><item><title>Bank 'problem list': What it means</title><link>http://money.cnn.com/2008/07/18/news/economy/fdic_list/index.htm</link><guid>http://money.cnn.com/2008/07/18/news/economy/fdic_list/index.htm</guid><description>The federal takeover of IndyMac Bank last week left many Americans wondering whether their bank was safe. It put a spotlight on a relatively obscure list published quarterly by the FDIC called the "problem list."</description><pubDate>Fri, 18 Jul 2008 20:21:00 EDT</pubDate></item><item><title>Treasurys slip as financial stocks rally</title><link>http://money.cnn.com/2008/07/17/markets/bondcenter/bonds_down/index.htm</link><guid>http://money.cnn.com/2008/07/17/markets/bondcenter/bonds_down/index.htm</guid><description>Treasury prices continued to fall for a second straight session Thursday, led lower by an equity rally, a weak dollar and mixed economic reports.</description><pubDate>Thu, 17 Jul 2008 19:45:00 EDT</pubDate></item><item><title>Saving IndyMac's mortgages</title><link>http://money.cnn.com/2008/07/17/news/economy/indymac_mortgages/index.htm</link><guid>http://money.cnn.com/2008/07/17/news/economy/indymac_mortgages/index.htm</guid><description>When FDIC Chairwoman Sheila Bair swooped in on Friday and took over IndyMac Bank, she became steward to billions of dollars in customer savings deposits. She also inherited $200 billion worth of home mortgages - a sizable number of which are in trouble.</description><pubDate>Thu, 17 Jul 2008 16:29:00 EDT</pubDate></item><item><title>Source: FBI investigating Indymac for fraud</title><link>http://edition.cnn.com/2008/US/07/16/fbi.indymac/index.html#cnnSTCText</link><guid>http://edition.cnn.com/2008/US/07/16/fbi.indymac/index.html#cnnSTCText</guid><description>The FBI is investigating Indymac Bancorp for fraud, a source tells CNN.</description><pubDate>Wed, 16 Jul 2008 23:49:00 EDT</pubDate></item><item><title>Huge rebound for Wall Street</title><link>http://money.cnn.com/2008/07/16/markets/markets_newyork/index.htm</link><guid>http://money.cnn.com/2008/07/16/markets/markets_newyork/index.htm</guid><description>Stocks got a big bounce back Wednesday as investors welcomed encouraging news from the banking and airline sectors. Falling oil prices also helped spark a strong stock market rally.</description><pubDate>Wed, 16 Jul 2008 21:41:00 EDT</pubDate></item><item><title>FBI Investigating IndyMac for Fraud</title><link>http://www.time.com/time/nation/article/0,8599,1823512,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/nation/article/0,8599,1823512,00.html?xid=feed-cnn-topics</guid><description>Now-defunct IndyMac Bancorp Inc. is under investigation by the FBI for possible fraud in connection with home loans made to risky borrowers</description><pubDate>Wed, 16 Jul 2008 20:50:00 EDT</pubDate></item><item><title>How safe is your money, and how to protect it</title><link>http://money.cnn.com/2008/07/16/pf/bank_safety/index.htm</link><guid>http://money.cnn.com/2008/07/16/pf/bank_safety/index.htm</guid><description>The chances are your bank is not going to shut down overnight.</description><pubDate>Wed, 16 Jul 2008 19:18:00 EDT</pubDate></item><item><title>Bernanke gloomy on housing, economy</title><link>http://money.cnn.com/2008/07/15/news/economy/senate_banking/index.htm</link><guid>http://money.cnn.com/2008/07/15/news/economy/senate_banking/index.htm</guid><description>The housing finance crisis and spiraling energy costs will remain a drag on the U.S. economy for the rest of the year, Federal Reserve Chairman Ben Bernanke told lawmakers in a gloomy presentation about the economic outlook.</description><pubDate>Tue, 15 Jul 2008 21:06:00 EDT</pubDate></item><item><title>Dow ends at near 2-year low</title><link>http://money.cnn.com/2008/07/15/markets/markets_newyork/index.htm</link><guid>http://money.cnn.com/2008/07/15/markets/markets_newyork/index.htm</guid><description>Stocks gave up a recovery attempt Tuesday, ending mostly lower, as falling oil prices failed to distract investors from slumping technology shares amid ongoing fears about the credit market and the economy.</description><pubDate>Tue, 15 Jul 2008 20:53:00 EDT</pubDate></item><item><title>Dollar hits new low versus euro</title><link>http://money.cnn.com/2008/07/15/markets/dollar/index.htm</link><guid>http://money.cnn.com/2008/07/15/markets/dollar/index.htm</guid><description>The dollar sank to a new all-time low against the euro Tuesday as concerns about the health of the U.S. banking sector and economy deepened. But the dollar bounced back slightly after Federal Reserve Chairman Ben Bernanke acknowledged that the dollar's weakness is a concern.</description><pubDate>Tue, 15 Jul 2008 19:42:00 EDT</pubDate></item><item><title>Q&amp;amp;A: How Fannie, Freddie and IndyMac affect you</title><link>http://edition.cnn.com/2008/US/07/14/mortgage.qa/index.html#cnnSTCText</link><guid>http://edition.cnn.com/2008/US/07/14/mortgage.qa/index.html#cnnSTCText</guid><description>Fannie Mae and Freddie Mac were created to help individuals realize the American dream of home ownership, but they now find their survival at risk in the U.S. mortgage crisis.</description><pubDate>Tue, 15 Jul 2008 10:48:00 EDT</pubDate></item><item><title>Banks batter Wall Street</title><link>http://money.cnn.com/2008/07/14/markets/markets_newyork/index.htm</link><guid>http://money.cnn.com/2008/07/14/markets/markets_newyork/index.htm</guid><description>The financial sector tumbled Monday, dragging down the broader market, as the IndyMac bank failure countered relief that the government is helping Fannie Mae and Freddie Mac.</description><pubDate>Mon, 14 Jul 2008 21:39:00 EDT</pubDate></item><item><title>WaMu and National City plummet</title><link>http://money.cnn.com/2008/07/14/news/companies/washington_mutual/index.htm</link><guid>http://money.cnn.com/2008/07/14/news/companies/washington_mutual/index.htm</guid><description>Shares of Washington Mutual and National City both plunged Monday as fears grew about the credit crisis plaguing big banks.</description><pubDate>Mon, 14 Jul 2008 20:42:00 EDT</pubDate></item><item><title>Analysts: Most banks are safe</title><link>http://money.cnn.com/2008/07/14/news/companies/bank_failures/index.htm</link><guid>http://money.cnn.com/2008/07/14/news/companies/bank_failures/index.htm</guid><description>IndyMac's startling collapse last week sparked fears that other institutions could follow suit. Yet, several veteran banking analysts say that there won't be nearly as many bank collapses as there were in the late 1980s and early 1990s.</description><pubDate>Mon, 14 Jul 2008 20:36:00 EDT</pubDate></item><item><title>Bad week ahead for banks</title><link>http://money.cnn.com/2008/07/14/news/companies/bank_earnings/index.htm</link><guid>http://money.cnn.com/2008/07/14/news/companies/bank_earnings/index.htm</guid><description>If this weekend's news about Fannie Mae and Freddie Mac and Friday's IndyMac failure weren't scary enough, now Wall Street will have to contend with what is likely to be dismal quarterly results from many top financial firms.</description><pubDate>Mon, 14 Jul 2008 18:49:00 EDT</pubDate></item><item><title>IndyMac to reopen 'strong and safe,' new boss says</title><link>http://edition.cnn.com/2008/US/07/13/indymac/index.html#cnnSTCText</link><guid>http://edition.cnn.com/2008/US/07/13/indymac/index.html#cnnSTCText</guid><description>California bank IndyMac will reopen as a "strong and safe institution" under federal management and a new name Monday, days after regulators closed it, the firm's new CEO said Sunday.</description><pubDate>Mon, 14 Jul 2008 01:28:00 EDT</pubDate></item><item><title>The fall of IndyMac</title><link>http://money.cnn.com/2008/07/12/news/companies/indymac_fdic/index.htm</link><guid>http://money.cnn.com/2008/07/12/news/companies/indymac_fdic/index.htm</guid><description>In what could turn out to be the most expensive bank failure ever, troubled mortgage lender IndyMac Bancorp Inc. was taken over by federal regulators on Friday.</description><pubDate>Sun, 13 Jul 2008 21:32:00 EDT</pubDate></item><item><title>IndyMac: Your money is safe - FDIC</title><link>http://money.cnn.com/2008/07/13/news/economy/indymac_fdicstatement/index.htm</link><guid>http://money.cnn.com/2008/07/13/news/economy/indymac_fdicstatement/index.htm</guid><description>The FDIC stressed Sunday that the takeover of failed bank IndyMac is largely a "non-event" for most customers.</description><pubDate>Sun, 13 Jul 2008 21:28:00 EDT</pubDate></item><item><title>Schumer: Don't blame me for IndyMac failure</title><link>http://edition.cnn.com/2008/POLITICS/07/13/indymac.schumer/index.html#cnnSTCText</link><guid>http://edition.cnn.com/2008/POLITICS/07/13/indymac.schumer/index.html#cnnSTCText</guid><description>Sen. Charles Schumer said Sunday the Bush administration is trying to "blame the fire on the person who calls 911" by suggesting he had a role in one of the costliest U.S. bank failures.</description><pubDate>Sun, 13 Jul 2008 20:54:00 EDT</pubDate></item><item><title>Government Takes Control of IndyMac</title><link>http://www.time.com/time/nation/article/0,8599,1822176,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/nation/article/0,8599,1822176,00.html?xid=feed-cnn-topics</guid><description>IndyMac Bank succumbed to the pressures of tighter credit, tumbling home prices and rising foreclosures Friday</description><pubDate>Sat, 12 Jul 2008 05:00:00 EDT</pubDate></item><item><title>Regulators seize troubled IndyMac</title><link>http://money.cnn.com/2008/07/11/news/companies/indymac_fdic/index.htm</link><guid>http://money.cnn.com/2008/07/11/news/companies/indymac_fdic/index.htm</guid><description>In what could turn out to be the most expensive bank failure ever, troubled mortgage lender IndyMac Bank was taken over by federal regulators on Friday.</description><pubDate>Sat, 12 Jul 2008 03:03:00 EDT</pubDate></item><item><title>Former mortgage lending giant faces its grim future</title><link>http://money.cnn.com/2008/07/08/news/companies/boyd_indymac.fortune/index.htm</link><guid>http://money.cnn.com/2008/07/08/news/companies/boyd_indymac.fortune/index.htm</guid><description>IndyMac has become the latest mortgage lender to announce what is by now a familiar routine to battered investors: Shuttered business lines, failed attempts at capital raising and massive layoffs. A look at how it got here shows the risks of dominating a lending niche it had long argued was minimally risky: low documentation loans to residential mortgage borrowers with middling (at best) credit profiles.</description><pubDate>Tue, 08 Jul 2008 18:10:00 EDT</pubDate></item><item><title>Mortgage crisis: Don't forgive debt, just postpone repayment</title><link>http://money.cnn.com/2008/02/20/real_estate/OTC_refinance_plan/index.htm</link><guid>http://money.cnn.com/2008/02/20/real_estate/OTC_refinance_plan/index.htm</guid><description>A plan that would help troubled mortgage borrowers today - and might make lenders whole later on - was unveiled Wednesday in Washington.</description><pubDate>Wed, 20 Feb 2008 21:56:00 EST</pubDate></item><item><title>The new market leaders</title><link>http://money.cnn.com/2008/02/13/markets/morningbuzz/index.htm</link><guid>http://money.cnn.com/2008/02/13/markets/morningbuzz/index.htm</guid><description>A curious thing happened on Wall Street yesterday. The Dow surged more than 130 points and the S&amp;amp;P 500 had a healthy bump too. By all accounts, it was a good day.</description><pubDate>Wed, 13 Feb 2008 15:34:00 EST</pubDate></item><item><title>IndyMac gets rid of subprime loans</title><link>http://money.cnn.com/2007/09/07/news/companies/bc.apfn.indymac.mortgages.ap/index.htm</link><guid>http://money.cnn.com/2007/09/07/news/companies/bc.apfn.indymac.mortgages.ap/index.htm</guid><description>IndyMac Bancorp is essentially eliminating all subprime and piggyback loans from its product menu and ramping up its conforming loan business, according to a regulatory filing on Friday.</description><pubDate>Fri, 07 Sep 2007 10:25:00 EDT</pubDate></item><item><title>Subprime's biggest losers</title><link>http://money.cnn.com/2007/08/10/markets/subprime_losers/index.htm</link><guid>http://money.cnn.com/2007/08/10/markets/subprime_losers/index.htm</guid><description>Little has troubled Wall Street more recently than subprime mortgage worries, with financial, mortgage lender and homebuilder stocks among the hardest hit.</description><pubDate>Fri, 10 Aug 2007 07:53:00 EDT</pubDate></item><item><title>Stocks weak at open</title><link>http://money.cnn.com/2007/08/03/markets/markets_nyopen/index.htm</link><guid>http://money.cnn.com/2007/08/03/markets/markets_nyopen/index.htm</guid><description>U.S. stocks pushed into negative territory at Friday's open after an employment report that was weaker than expected.</description><pubDate>Fri, 03 Aug 2007 01:37:00 EDT</pubDate></item><item><title>IndyMac profit plummets on mortgage pain</title><link>http://money.cnn.com/2007/07/31/news/companies/bc.indymac.results3.reut/index.htm</link><guid>http://money.cnn.com/2007/07/31/news/companies/bc.indymac.results3.reut/index.htm</guid><description>IndyMac Bancorp Inc., a big Southern California mortgage specialist, said Tuesday second-quarter profit fell 57 percent as the deepening U.S. housing slump hurt margins and loan volume, and more customers fell behind on payments.</description><pubDate>Tue, 31 Jul 2007 03:23:00 EDT</pubDate></item><item><title>'Liar loans': Mortgage woes beyond subprime</title><link>http://money.cnn.com/2007/03/19/news/economy/next_subprime/index.htm</link><guid>http://money.cnn.com/2007/03/19/news/economy/next_subprime/index.htm</guid><description>Subprime mortgages have been generating a lot of attention, and worry, among investors, economists and regulators, but those loans may be only part of the threat posed to the housing market by risky lending.</description><pubDate>Mon, 19 Mar 2007 15:41:00 EDT</pubDate></item><item><title>The Myth of the Disposable Worker</title><link>http://money.cnn.com/magazines/business2/business2_archive/2005/10/01/8359262/index.htm</link><guid>http://money.cnn.com/magazines/business2/business2_archive/2005/10/01/8359262/index.htm</guid><description>A couple of years ago, an associate dean at Stanford University's business school complained that I hadn't given enough low grades in a course I teach there called "The Paths to Power." When he ask...</description><pubDate>Sat, 01 Oct 2005 04:01:00 EDT</pubDate></item></channel></rss>