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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Edmund L. Andrews / The Bulletin
December 23, 2008
WASHINGTON — Two months before IndyMac Bancorp collapsed in July, at a cost of $8.9 billion to taxpayers, a top federal banking regulator allowed the bank to backdate a capital infusion and gloss over its deepening problems, the Treasury Department’s independent investigator....