In June we recommended IndyMac Bancorp, and it became our biggest loser for the longs, off 83%.

FORBES

On Wednesday, mortgage lender IndyMac Bancorp said it will lay off 24% of its workforce, or 2, 403 people.

FORBES: Magazine Article

Last week regulators took over IndyMac Bancorp, a mortgage lender, in one of the biggest bank failures in American history.

ECONOMIST: Freddie Mac and Fannie Mae

In June we recommended IndyMac Bancorp (nyse: IMBPR - news - people ), and it became our biggest loser for the longs, off 83%.

FORBES: Scorecard

On Wednesday, mortgage lender IndyMac Bancorp (nyse: IMBPR - news - people ) said it will lay off 24% of its workforce, or 2, 403 people.

FORBES: Intel's Stock Slammed

The announcement also appeared to wash away any fears following IndyMac Bancorp having been swept up by federal banking regulators Friday evening for the third largest banking failure in U.S. history.

FORBES: Magazine Article

The announcement also appeared to wash away any fears following IndyMac Bancorp (nyse: IMBPR - news - people ) having been swept up by federal banking regulators Friday evening for the third largest banking failure in U.S. history.

FORBES: Stocks See Little Benefit From Mortgage Moves