There Will Be Swamp – Steve Mnuchin Confirms Treasury Secretary Nod - InvestingChannel

There Will Be Swamp – Steve Mnuchin Confirms Treasury Secretary Nod

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The fact that Steve Mnuchin was a Goldman Sachs partner is the least of my concerns when it comes to the man. Indeed, if someone wanted to create a playing card deck of sleazy Wall Street financial crisis opportunists, it’d be hard not to include Steve Mnuchin.

What exactly am I talking about? Specifically, I’m referring to the collapse of IndyMac (renamed One West), and the generous helping of government welfare Mnuchin and his partners received upon purchasing the failed banking institution. This is a financial crisis saga that is unknown to most, despite having received some extensive coverage over the past year.

Read the rest here.