SEC goes after IndyMac executives
Chief executive and two CFOs charged with fraud in run-up to mortgage lender's 2008 collapse
The US Securities and Exchange Commission (SEC) has charged three senior executives at the failed mortgage lender IndyMac with fraud in the run-up to its collapse and government takeover in July 2008. Chief executive Michael Perry and chief financial officers Scott Keys and Blair Abernathy concealed the true state of affairs at the bank in 2007 and 2008 to sell more stock, the complaint says.
The
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