IndyMac Bancorp News

In this installment of the New York Court of Appeals Roundup, Simpson Thacher & Bartlett partners Roy L. Reardon and Mary Elizabeth McGarry discuss the recent decision in People v. First American Corp., the Court's resolving three appeals from decisions determining that plaintiffs' injuries from automobile accidents were "serious" as defined in the ... (more)

Michael Perry, the ex- IndyMac Bancorp Inc. chief executive officer, must face the Federal Deposit Insurance Corp.'s claims that caused more than $600 million in losses on mortgage loans that couldn't be sold.

In the whodunnit of the financial crisis, Wall Street executives have pointed the blame at all kinds of parties - consumers who lied on their mortgage applications, investors who demanded access to risky mortgage bonds and policymakers who kept interest rates low and failed to predict a housing market collapse.

Office of Thrift Supervision The direction of a former federal regulator, Darrel W. Dochow, was cited as justification for a cash infusion now at issue in a lawsuit.