IndyMac organization
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Related entities (most co-mentioned)
Federal Deposit Insurance Systemorganization · 3Steve Mnuchinperson · 3Goldman Sachsorganization · 1John Paulsonperson · 1Michael Morellperson · 1Citigrouporganization · 1OneWest Bankorganization · 1George Sorosperson · 1
Claims (4)
Steve Mnuchin funded
IndyMac host_asserted
“And Mnuchin buys, his fund buys, a failed bank in California named IndyMac. And I'll never forget where I was the day IndyMac failed because I was still working for, at the time, Citigroup's company, Smith Barney. And I was in Santa Barbara…”
▶ Shadow State 45 Secret Societies 28 Hedge Fund Guys @ 38:04
George Soros funded
IndyMac host_asserted
“So he got a great bargain from the FDIC. But he had to raise some capital to do it. And his investment group to buy IndyMac included people like, oh, I don't know, George Soros, John Paulson, Michael Dell of Dell Computers. That's who bough…”
▶ Shadow State 45 Secret Societies 28 Hedge Fund Guys @ 39:07
John Paulson funded
IndyMac host_asserted
“So he got a great bargain from the FDIC. But he had to raise some capital to do it. And his investment group to buy IndyMac included people like, oh, I don't know, George Soros, John Paulson, Michael Dell of Dell Computers. That's who bough…”
▶ Shadow State 45 Secret Societies 28 Hedge Fund Guys @ 39:07
Michael Morell funded
IndyMac host_asserted
“So he got a great bargain from the FDIC. But he had to raise some capital to do it. And his investment group to buy IndyMac included people like, oh, I don't know, George Soros, John Paulson, Michael Dell of Dell Computers. That's who bough…”
▶ Shadow State 45 Secret Societies 28 Hedge Fund Guys @ 39:07
Mentions (4)
▶ 38:04
And Mnuchin buys, his fund buys, a failed bank in California named IndyMac. And I'll never forget where I was the day IndyMac failed because I was still working for, at the time, Citigroup's company, Smith Barney. And I was in Santa Barbara…
▶ 38:33
And Wall Street, we're freaking in Wall Street. People were not happy. I ended up not working for Morgan Stanley, but that's a different story. So IndyMac's in receivership from the FDIC and owned about $23.5 billion in commercial loans, mo…
▶ 39:07
So he got a great bargain from the FDIC. But he had to raise some capital to do it. And his investment group to buy IndyMac included people like, oh, I don't know, George Soros, John Paulson, Michael Dell of Dell Computers. That's who bough…
▶ 39:41
But what by IndyMac, they get to keep. And anything they lose money on, the FDIC pays them back on the losses. It's a get-out-of-jail-free card they negotiated. Kind of a sweetheart deal, yeah? That's crazy. Yeah, it pays to be from Goldman…