2009-01-02 — bloomberg.com
"A group including Steven Mnuchin of Dune Capital Management LP and firms run by hedge-fund manager John Paulson and J. Christopher Flowers agreed to acquire IndyMac Bank from the U.S. and inject $1.3 billion in cash into the failed lender, the Federal Deposit Insurance Corp. said"
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments:
taps65 at 19:45 2009-01-03 said:
The question is not who is buying but where the money came from. Taking into consideration troubled assets that paid handsome returns by privatizing gains and socializing losses. Permalinktvsterling at 22:23 2009-01-03 said:
Past who pays is who profits. These Financiers & FDIC (us taxpayers) are supposed to share & share alike in the pain. Lots of luck on that one. Somehow, someway I have a feeling that the good stuff will be teased out & We The People will get our share in junk. After all the regulators in this little game are also the regulated, a real win-win situation for somebody & that wouldn't be us taxpayers. Permalinkadd a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
