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To: SeekAndFind

From Wikipedia:

https://en.wikipedia.org/wiki/Steven_Mnuchin

Steven Mnuchin was born to a Jewish family, circa 1963. He is the son of Elaine Terner Cooper, of New York, and Robert E. Mnuchin, of Washington, Connecticut.

His father was a banker, a partner at Goldman Sachs, in charge of equity trading and a member of the management committee, and the founder of the Mnuchin Gallery at 45 East 78th Street, New York. He graduated from Yale University.

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Mnuchin amassed a fortune estimated at over $40 million while working for Goldman Sachs for 17 years, where his father had worked for three decades and had also made a fortune.

In 2002, Mnuchin left Goldman and worked briefly for his Yale roommate Edward Lampert, chief executive of Sears. He also briefly worked for Soros Fund Management in their private equity division during the “Goldman” period with Jacob Goldfield and Mark Schwartz.

After this stint, he founded RatPac-Dune Entertainment, which produced a number of notable films, including the X-Men film franchise and Avatar.

Dune bought the failed housing lender IndyMac in 2009, buying it out of bankruptcy from the FDIC and renaming it OneWest with Mnuchin as chair. According to The New York Times, OneWest “was involved in a string of lawsuits over questionable foreclosures, and settled several cases for millions of dollars.” OneWest was sold to CIT Group in 2015.

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In Hollywood, Mnuchin, along with film producer Brett Ratner and financier James Packer, working with RatPac-Dune Entertainment, produced American Sniper and Mad Max: Fury Road. Mnuchin was co-chairman of the trio’s movie company, Relativity Media


2 posted on 11/29/2016 2:43:57 PM PST by SeekAndFind
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To: SeekAndFind

It was reported by the Wall Street Journal on January 2, 2009 that the group that bought IndyMac out of bankruptcy was led by George Soros.

Here’s a related article in the LA times: http://articles.latimes.com/2009/mar/20/business/fi-indymac20


18 posted on 11/29/2016 2:53:10 PM PST by Daveinyork
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To: SeekAndFind
His father was a banker, a partner at Goldman Sachs

Fascinating. And Steve Bannon is also a former Goldman Sachs employee. And a few months ago we saw endless blather on this forum about the manifold evils of Goldman Sachs. Had something to do with the never-to-be-sufficiently-damned Crooooooooze.

Now I guess Goldman Sachs is A-OK.

Funny how it works that way.

24 posted on 11/29/2016 3:00:48 PM PST by NorthMountain (Northmountain)
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