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Jeff,
I asked NAR about this video and it seems it is not true. Here is FDIC answer to the video:

http://www.fdic.gov/news/news/press/2010/onewest_lossshare.html

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The makers of the video responded as well
http://www.thinkbigworksmall.com/mypage/archive/1/32274

Everything I've read seems to point to it's true. They did get a GREAT DEAL.
This outlines a lot of it:
http://stlouisrealestatenews.com/financing/fdics-sale-of-indymac-to...

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