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OneWest bank profit: $1.6 billion [LA Times]

Sunday, February 21, 2010 - 1:35 PMOneWest Bank N.A. (Pasadena, CA) - Details
From the Los Angeles Times
As IndyMac, it sold last year for less than that. Investors win, but the FDIC could still lose nearly $11 billion on bad loans that the Pasadena institution made before its sale.
Note, OneWest acquired the failed bank La Jolla on Friday.
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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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