FDIC won't comment on report IndyMac talks are postponed
The Federal Deposit Insurance Corp. declined to comment on a Los Angeles Times report that talks on the sale of IndyMac Bancorp Inc.'s assets to an investor group will resume next week after missing a self-imposed deadline.
The talks adjourned late yesterday without a deal, the newspaper said on its Web site, citing an unidentified person close to the discussions.
The FDIC had said it expected to announce a sale of the failed lender by the end of 2008, according to the Times. Agency spokesman David Barr declined to comment today. A spokesman for the Pasadena, California-based company didn't respond to a Bloomberg News message seeking comment on the report.