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What if FDIC cannot sell Indymac to the private sector what happens to indymac then?

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What if FDIC cannot sell Indymac to the private sector what happens to indymac then?

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  1. they will have to auction off all there loans and servicing rights to investors.


  2. The FDIC will sell off all the assets until there are none left.

    Someone will buy the assets, price is the question.

    Indymac Corporation (the parent company, not the bank itself) has filed Chapter 7 (liquidation)

    http://sanfrancisco.bizjournals.com/sanf...

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