ML-Implode News - Trump SecTreas Pick Mnuchin is Goldman-Alum, Soros-Partnering Subprime Vulture and Foreclosure Kingpin

And now, according to The New York Times, ABC and CBS, the president-elect has chosen a second-generation Goldman Sachs partner who worked for George Soros before starting a hedge fund and buying IndyMac, a failing California bank that made billions while foreclosing on homeowners after the financial crisis.
Steven Mnuchin's takeover of IndyMac is a story about everything Americans have come to hate about how the financial crisis was allowed to unfold â€• ordinary people panicking, savvy investors pouncing, a government guarantee that saved a bank but didn't even try to keep people in their homes, a clever rebranding, rampant foreclosures, billions of dollars in profits. And now, the cruel punchline: The man behind it is being nominated for treasury secretary by a self-proclaimed billionaire populist.

Good times. Here's BusinessInsider's coverage.

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Trump SecTreas Pick Mnuchin is Goldman-Alum, Soros-Partnering Subprime Vulture and Foreclosure Kingpin