the downfall of indymac

Write a one page paper about the downfall of IndyMac, clearly answer the following questions in the paper:

1. What were the events that led to the downfall of this institution? Was it involved in subprime or predatory lending directly? Indirectly?

2. Who were the major players involved? Were there any criminal activities, unethical activities, or just plain bad luck involved in the scandal?

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