Could IndyMac (IMB) Sell Itself?
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TheDeal.com's Dealscape blog speculates that embattled mortgage lender IndyMac (NYSE: IMB) could formally put up a 'For Sale' sign when it reports results on Tuesday morning.
The blog says, if the mortgage market doesn't improve soon, "IndyMac may have to consider another Countrywide move of selling itself, find a capital infusion or face the ugly prospect of bankruptcy that many of its peers have succumbed to."
Link TheDeal.com blog
The blog says, if the mortgage market doesn't improve soon, "IndyMac may have to consider another Countrywide move of selling itself, find a capital infusion or face the ugly prospect of bankruptcy that many of its peers have succumbed to."
Link TheDeal.com blog
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