[circlecity]

"At best it is 8 tears."

That depends on whether he bought the bank for GS before or after 2008.

[Robert DeLong]

That’s true. The way it was written it sounded like he bought them after they went belly up in 2008. The way journalists say things these days it could very well have been that he bought the bank before it went belly up, and that he was still with Goldman Sachs when he bought the bank in 1999. Good point. Thanks.

[Robert DeLong]

After working at Goldman Sachs for 17 years, Mnuchin became the chairman and CEO of OneWest Bank Group LLC, a bank holding company, from 2009 to 2015.

And then there is this.

Mnuchin and a group of investors bought the bank, previously IndyMac, after the sub-prime crisis of 2008 left it badly underwater. Depositors made a run on the old institution, which collapsed. That opened the way for a $1.5 billion purchase by the Mnuchin group.

So it looks like 7 to 8 years is probably correct.