OneWest Bank organization

“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…”

“Doing business with the FDIC pays off pretty well. Yeah. All right. So what's Juan West up to? He buys several other failed banks, including First Travel Bank of California and La Jolla Bank, which is where I used to bank once upon a time, …”

“But what by IndyMac, they get to keep. And anything they lose money on, the FDIC pays them back on the losses to get out of jail free card they negotiated. Kind of a sweetheart deal, yeah? That's crazy. Yeah, it pays to be from Goldman Sach…”

“Less right, Jack Kessler would go on to become a board member of Bank One and later J.P. Morgan, where he played a key role in the hiring of the current Jamie Diamond. J.P. Morgan would also be the main bank Epstein used after the collapse …”

“And what they're really doing is they're aggressively foreclosing on homeowners. That's why they're buying these loan portfolios, because they've got a loan they get paid by the FDIC when they foreclose. It'll become the largest bank in Sou…”