"On, Friday, July 11, 2008, IndyMac Bank, FSB ("IndyMac Bank") was closed by the Office of Thrift Supervision ("OTS") and the Federal Deposit Insurance Corporation ("FDIC") was appointed as Receiver (the "Receiver"). Under the laws of the United States, the Receiver is charged with the duty of winding up the affairs of IndyMac Bank.So, "Indy Mac has not gone anywhere.. It was sold that's all. It was sold at a premium, or top dollar. It's a home run in most other instances but not here....The government bought them.