Dune Capital Management

Commentary

IndyMac Bought for $13.9 Billion – A Fishy Deal If You Ask Me!

by Rob K. Blake | January 3, 2009

The FDIC announced late today the sale of the remaining assets of the failed thrift, IndyMac, to a private consortium for $13.9 Billion. Dune Capital Management, J.C. Flowers & Co., and Paulson & Co. spear headed the buy in search of a rehabilitated servicing portfolio Sheila Blair reworked with her aggressive loan modification strategy. This [...]

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