Dive summary:

• Three executives of IndyMac Bancorp Inc., the California lender that the Federal Deposit Insurance Corp. had to take over, have to fork over more than $168 million to the FDIC to atone for 23 loans that builders never repaid.
• A federal jury found that Scott Van Dellen, Richard Koon and Kenneth Shellem, who oversaw IndyMac's division that loaned to home builders, were to pay for making bad loans to home builders, which the FDIC charged they kept pushing without regard to borrowers' credit worthiness.
• IndyMac, which the agency took over in 2008, was the FDIC's biggest loss from the housing crisis.

From the article:

IndyMac’s collapse was the most costly hit to the FDIC, and the Los Angeles Times notes that this was "the first of 39 suits the FDIC has filed against 308 insiders at banks." ...