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algol

01/03/09 6:33 PM

#2409 RE: marayatano #2400

The latest news states that:

"The resolution of IndyMac is expected to cost the FDIC's insurance fund between $8.5 billion and $9.4 billion.

So, that appears to be the whole amount FDIC will keep to cover their admin expenses and secured deposits in IndyMac FSB.
What else?

http://www.reuters.com/article/marketsNews/idINN0237513720090102?rpc=44&pageNumber=2&virtualBrandChannel=0