For the full text of the article, "IndyMac Seized As Financial Troubles Spread", which ran in publications that pick up Reuters stories, including reuters.com; news.yahoo.com; news.moneycentral.msn.com; boston.com; newsdaily.com; moneyline.com; enterpriseapps.itbusinessnet.com; and others, see http://www.boston.com/business/articles/2008/07/12/indymac_seized_as_financial_troubles_spread/

At the time of its closing, IndyMac Bank, FSB, Pasadena, California, one of the largest bank failures in FDIC's history, had total assets of $32 Billion and total deposits of $19 Billion. FDIC will operate IndyMac on an interim basis as it seeks a purchaser. Link to FDIC Press Release:
http://www.fdic.gov/news/news/press/2008/pr08056.html