Politics & Government

Former IndyMac CEO, San Marino Resident Defends Himself

After keeping quiet since the fall of IndyMac Bank three years ago, former CEO Michael Perry recently spoke out on a blog he created to tell his side of the story.

Motivated by what he considers “false public allegations” and “frivolous” lawsuits against him, former IndyMac bank CEO and former San Marino resident Michael Perry recently launched a blog in response, reported the Whittier Daily News on Saturday.

"It is certainly true that I and others at IndyMac did everything we could in an unsuccessful effort to save IndyMac," Perry wrote in the blog titled "Not Too Big to Fail". "It is not true that we violated any laws or regulations in doing so."

Read the full story here.

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