Remember when IndyMac bank went down? Then you probably also remember that it was given a kick in the seat by Chuckles Schumer (Socialist – NY).
Well then, guess who’s friend of Schumer’s is currently attempting to purchase IndyMac?
If you guessed the man who attempted to crush the UK’s Pound through mass currency manipulation, then give yourself a lollipop
A consortium of private equity and hedge fund firms, including J.C. Flowers and Dune Capital Management, has agreed to buy the assets of failed mortgage lender IndyMac, the Federal Deposit Insurance said Friday.
The FDIC said it is selling the assets of IndyMac, which has been run by the agency since the lender failed in July, to IMB HoldCo in a deal valued at about $13.9 billion.
The group buying IndyMac includes buyout artist Christopher Flowers, hedge fund operator John Paulson, who gained billions of dollars betting against the U.S. housing market, and Steve Mnuchin, the chairman of Dune Capital and a former Goldman Sachs executive.
Affiliates of billionaire investor George Soros and Michael Dell, the chief executive of computer maker Dell, are also involved with the consortium buying IndyMac.
Forget the US Government being the largest holder of mortgage contracts, think Obama’s puppet master, George Soros (and then think twice about saying something against The Lightworker).