Difference between revisions of "OneWest"
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Tags: Mobile web edit, Mobile edit |
Tags: Mobile web edit, Mobile edit |
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* [[Bank run]] | * [[Bank run]] | ||
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Latest revision as of 05:57, 15 September 2024
On March 19, 2009, a seven-member investor group, IMB Holdco, led by Steven Mnuchin—which included billionaire Christopher Flowers, John Paulson, Michael Dell, and George Soros—purchased Independent National Mortgage Corporation (IndyMac Bank) of Pasadena, California for $13.65 billion from the FDIC and created OneWest from the remains of IndyMac, which then had 33 branches and $32 billion in assets
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