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To: circlecity
While employed at Goldman, he purchased the remains of IndyMac Bank (now known as OneWest Bank), the Pasadena, California-based mortgage lender that collapsed in 2008

At best it is 8 tears.

10 posted on 05/06/2016 5:10:30 AM PDT by Robert DeLong (u)
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To: Robert DeLong
"At best it is 8 tears."

That depends on whether he bought the bank for GS before or after 2008.

12 posted on 05/06/2016 5:14:55 AM PDT by circlecity
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To: Robert DeLong; circlecity; Milhous; coloradan; RaceBannon

The article is from ZeroHedge which means that most of its timeline is inaccurate. He didn't work at Goldman when the group which included his hedge fund Dune Capital Management, George Soros, John Paulson, J. Christopher Flowers and Michael Dell acquired bankrupt IndyMac from FDIC receivership. Mnuchin was named Chairman and CEO of renamed OneWest Bank Group.

Here is the link to condensed version of Steven Mnuchin's business career: Trump Names Former Goldman Partner, Soros Money Manager As Finance Chairman - FR, post #288, 2016 May 05

83 posted on 05/07/2016 6:34:55 AM PDT by CutePuppy (If you don't ask the right questions you may not get the right answers)
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