OneWest Bank organization
also: One West Bank, One West
Explore in graph → Export claims (CSV) ↓
Related entities (most co-mentioned)
Steve Mnuchinperson · 5Federal Deposit Insurance Systemorganization · 3Goldman Sachsorganization · 1Citigrouporganization · 1IndyMacorganization · 1CIT Grouporganization · 1Department of Housing and Urban Developmentorganization · 1
Claims (2)
Steve Mnuchin founded
OneWest Bank host_asserted
“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…”
▶ Shadow State 45 Secret Societies 28 Hedge Fund Guys @ 39:41
OneWest Bank funded
Citigroup host_asserted
“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, …”
▶ Shadow State 45 Secret Societies 28 Hedge Fund Guys @ 40:48
Mentions (5)
▶ 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…
▶ 40:48
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, …
▶ 41:20
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 So…
▶ 42:25
you know 97 million dollars in cit stock which is problematic because he's not going to be the secretary of treasury over who's one of the regulators of cit group so you can see where that might be a problem right right okay in 2016 there's…
▶ 43:30
Now, were their loans that bad or were they just aggressively foreclosing? The whole reason they did that was because that law sharing agreement deal they cut with the FDIC. You and I pay for that FDIC insurance with our bank deposits. So i…