sweetheart deal

FDIC Response to Commentary about the One West Bank Purchase of Indymac Bank

by admin February 17, 2010 Real Estate Market Update

Below, the FDIC responds to the video circulating about the so called ”sweetheart deal” One West Bank got with the acquisition of Indymac bank. Although the numbers do make this a pretty good deal for One West Bank, let’s think about where the world of finance was at the time they puchased Indymac Bank. It was …

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