NEW YORK (CNNMoney.com) — The Federal Deposit Insurance Corp. announced Friday that it had struck a deal to sell failed mortgage lender IndyMac to a group of private investment firms for $13.9 billion.
The buyers include buyout specialist J.C. Flowers & Co. and hedge fund Paulson & Co., which focuses on distressed assets, as well as the private investment firm managing computer mogul Michael Dell’s fortune and a fund managed by financier George Soros. The Rest of the story
Is that a group that you would trust ????
