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FDIC Sues 4 Former IndyMac Executives

WASHINGTON, D.C. - (AP) Bank regulators have accused four former executives of failed IndyMac Bank of negligence in making loans to homebuilders and are seeking a total $300 million in damages. The Federal Deposit Insurance Corp., which took over California-based IndyMac when it collapsed two years ago, filed the civil lawsuit. . . . Full version available to subscribers.