Back to General Questions/Other
Reply
Sunday, February 21, 2010 - 1:35 PM

OneWest bank profit: $1.6 billion [LA Times]

OneWest Bank (0 stars) - 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.
3
KenBDGKenBDG5,143 posts since
Nov 29, 2009
Rep Points: 116,995
This post applies to the following states: CA.
Quick
Summary
Reply
Nationwide Savings Accounts
Featured Accounts