IndyMac's Ex-CEO, FDIC Reach Settlement

In the settlement, Michael Perry denied any liability for the problems that sank the mortgage lender, but agreed to pay $1 million to the FDIC, which also intends to recover another $11 million through the director and officer insurance policies that covered Perry.

This article requires premium access

This article requires premium access to The AmLaw Litigation Daily. Please sign in or subscribe to read the full text.