Mr. Reich would later be forced to remove OTS western regional director Darrel W. Dochow, for improperly allowing 5 banks to make backdated capital adjustments. On February 12, 2009, Reich would resign and step down February 27, 2009, amidst a Treasury Department investigation and audit of OTS failures and misconduct. On March 26, 2009, Scott Polakoff—former OTS senior deputy director and chief operating officer, hired by Reich, who became acting director upon Reich's departure—was removed and placed on leave, pending an expanded Treasury Department investigation and audit. A February 26, 2009 report by the Office of Inspector General for the Treasury Department would later conclude that IndyMac was already a doomed institution and that Prompt Corrective Action should have been taken in May 2008. The IG dismissed the idea that Mr. Schumer's letters led to the downfall of the bank.