QUOTE AND NEWS
EX-SKF  Oct 1  Comment 
Let's do some arithmetic.Add this:FDIC is backstopping the mortgage losses at IndyMac Bank (now OneWest Bank), and IndyMac Bank is hell-bent on foreclosing the properties, as in:Is FDIC Killing Short Sales? (Active Rain, September 09)To...
New York Times  Sep 30  Comment 
Doubt has been cast on a report that hedge fund Paulson & Co. wants to combine cash-strapped lender CIT Group with a Paulson-affiliated bank once known as IndyMac.
Clusterstock  Sep 29  Comment 
CIT shares have continued to surge this morning following the New York Post’s report that hedge fund Paulson & Co wants to combine the lender with the Paulson-affiliated bank that used to be IndyMac.  Right now the shares are up about...
Hedge Fund Blogs From HedgeCo.Net  Sep 29  Comment 
Reuters - Hedge fund manager John Paulson is considering merging troubled U.S. finance company CIT Group Inc with failed mortgage lender IndyMac Federal Bank, the New York Post said, citing people familiar with the matter. CIT shares rose 9.6...
Reuters  Sep 29  Comment 
CIT Group Inc shares surged on Tuesday following a newspaper report that hedge fund Paulson & Co wants to combine the cash-strapped lender with a Paulson-affiliated bank once known as IndyMac. But a person familiar with the matter denied the report.
Clusterstock  Sep 23  Comment 
Failed lender IndymacBank is now "OneWest Bank" -- rescued by a $16 billion purchase in March -- but its problems linger. Insurer MBIA is suing the collapsed bank for dumping them with more than $1 billion in bad loans. Courthouse News: MBIA...
Bankstocks.com  Sep 22  Comment 
The Federal Deposit Insurance Corp.’s Inspector General released a report today on the regulator’s handling
BusinessWeek  Sep 21  Comment 
I heard recently from a reader who said the bank she had a mortgage with wanted her to continue to pay off part of the loan even after she sold her house for less than what she owed—a process known as a short sale.
Motley Fool  Sep 10  Comment 
Are we better off today?
Cellular News  Sep 9  Comment 
The GSM Association says that it has endorsed a new 3GPP standard, Integrated Mobile Broadcast (IMB), which should enable spectrally-efficient delivery of broadcast services, based on techniques that are aligned with existing FDD WCDMA but also...
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IMB AT A GLANCE
P/E 0 
EV/EBITDA 55.3VERY HIGH
ROA 2.4%AVG
ROE -48.6%VERY LOW
Debt to Equity 21.3HIGH
Interest Coverage Ratio 0.131LOW
 
 
 
 
 
 
 
 



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