Indymac Bank Corporate Officers

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IndyMac Bank - 2001 Annual Report - Directors & Officers

http://www.corporate-ir.net/media_files/nys/nde/reports/web_site_build/management.html

INDYMAC BANK (only) U.S. Senator John Seymour (ret.) Chief Executive Officer Southern California Housing Development: Corporate Officers David S. Loeb Chairman of the Board Michael W. Perry Vice Chairman and Chief Executive Officer Carmella Grahn Executive Vice President Chief Financial Officer Pamela K. Marsh Executive Vice President Finance Roger H. Molvar

Former IndyMac Officers Cannot Rely on Business Judgment ...

https://www.dandodiary.com/2012/10/articles/failed-banks/former-indymac-officers-cannot-rely-on-business-judgment-rule-as-defense-in-fdic-failed-bank-lawsuit/

Oct 12, 2012 · On October 5, 2012, in the latest in a series of decisions addressing the question whether or not corporate officers (as differentiated from corporate directors) are entitled under California law to rely on the protections of the business judgment rule, Central District of California Judge Dale Fischer held that former officers of the failed IndyMac bank cannot assert an affirmative defense based on the business judgment rule in the FDIC’s failed bank …

Business Judgment Rule Offers No Protection to Corporate ...

https://www.nossaman.com/newsroom-insights-business-judgment-rule-offers-no-protection-to-corporate-officers

Jan 20, 2012 · A recent United States District Court (Central District of California) decision, Federal Deposit Insurance Corporation, as receiver for Indymac Bank, F.S.B. v. Matthew Perry, held that the California business judgment rule does not apply to a corporate officer as opposed to a corporate director. As a general matter, the business judgment rule insulates a corporate director from personal …

IndyMac installs new leadership: Richard H. Wohl promoted ...

https://nationalmortgageprofessional.com/news/40174/indymac-installs-new-leadership-richard-h-wohl-promoted-president-indymac-bank-frank-m

Mar 24, 2014 · divisions of IndyMac Bank in both its thrift and mortgage banking segments. Additionally, the company has promoted Frank Sillman to the post of chief executive officer of IndyMac Mortgage Bank. Wohl will continue to report to Michael W. Perry, chairman and chief executive officer of IndyMac Bancorp Inc. In addition to the

Characteristics of FDIC Lawsuits against Directors and ...

https://corpgov.law.harvard.edu/2013/01/17/characteristics-of-fdic-lawsuits-against-directors-and-officers/

Jan 17, 2013 · On December 7, 2012, a jury in federal court in Los Angeles found three former officers of IndyMac Bank (IndyMac) liable for $169 million in damages in connection with 23 loans. This was the first D&O lawsuit filed by the FDIC after the 2008 financial crisis and the first case to go to trial.

Corporate Officers Held Not Entitled to Business Judgment ...

https://www.dandodiary.com/2011/12/articles/failed-banks/corporate-officers-held-not-entitled-to-business-judgment-rule-protection-under-california-law/

Dec 14, 2011 · A federal court has denied the motion of former IndyMac CEO Matthew Perry to dismiss the action that the FDIC, as the failed bank’s receiver, had filed against him. In a December 13, 2011 order ( here ), Central District of California Judge Otis D. Wright II held that under California law the business judgment rule does not protect officers’ corporate decisions and accordingly he rejected …

FDIC: Failed Bank Information - Bank Closing Information ...

https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/indymac.html

SUPPLEMENTARY INFORMATION: On July 11, 2008, IndyMac Bank, F.S.B., Pasadena, California ("IndyMac Bank") (FIN # 10007) was closed by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation ("FDIC") was appointed as its receiver.

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