OneWest gets another sweet deal. Unphased by the Youtube video critical of the FDIC for arranging sweethart deals with OneWest giving them the ability to reap large profits through loss-sharing deals, the FDIC does an “In your face” sending another failed bank to OneWest to “save”.
Oh, did I mention that among the main owners of OneWest are a fomer banker from Goldman Sachs and George Soros?