Federal Deposit Insurance Corp. (FDIC) officials defended the agency yesterday against charges it has improperly handled the failure of IndyMac Bancorp, stirring concerns among depositors nationwide.

The agency has acknowledged it was not prepared to handle the 1,000-plus customers who lined up outside IndyMac branches early this week, but officials blamed the problem on extensive television coverage, which heightened anxiety last weekend that depositors would not have access to their money.

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