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IndyMac’s Project Iron Man Failed

image Interesting article from LA Times columnist Scott Reckard that talks about IndyMac’s creation of project “Iron Man”.  Iron Man was a last minute bid by executives to assemble a group of private equity firms to pump cash into Indymac and become its controlling shareholders.  To read a copy of the article click the link below.

Sinking IndyMac sought funding lifelines (LA Times)