Roll Up, Roll Up

摘要

The failure of Indy Mac Bank in July was a pivotal moment in the credit crunch, with images of anxious depositors outside its branches sparking bank runs across America. Now the money is flowing the other way. On January 2nd the Federal Deposit Insurance Corporation (FDIC), which has been running the Californian lender since its collapse, said it had provisionally agreed to sell its remnants to a group of private firms with links to famed investors like George Soros and John Paulson. The consortium is led by Steve Mnuchin of Dune Capital, who reportedly worked so hard on the deal over the holidays that he only bought presents this month.