LOAN RANGER

摘要

Steven Mnuchin never dreamed of running a regional bank. He didn't ever imagine moving to Los Angeles. A true creature of Wall Street-a former Goldman Sachs partner and active hedge fund manager-he was making plenty of money in New York. Yet he had carefully weighed the risks of buying IndyMac Bank, the Pasadena (Calif.)-based lender that collapsed in 2008. IndyMac's distressed mortgages and mortgage-backed securities had no place to go but up; the Federal Reserve, through its discount window, was practically giving money away; and Southern California was a rich, relatively under-served banking region. So in December 2008, Mnuchin put together a partnership and bought IndyMac.