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	<title>Hedge Fund News From HedgeCo.Net &#187; steven mnuchin</title>
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		<title>Seven investor group to buy IndyMac at $13.9b</title>
		<link>http://www.hedgeco.net/news/01/2009/seven-investor-group-to-buy-indymac-at-139b.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/seven-investor-group-to-buy-indymac-at-139b.html#comments</comments>
		<pubDate>Mon, 05 Jan 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Saudi Gazette &#8211; A seven-member investor group including billionaire George Soros and Dell Inc. founder Michael Dell have agreed to purchase failed lender IndyMac Bank, one of the largest casualties of the housing bust, for $13.9 billion. IndyMac, which specialized in loans made with little down payment or proof of assets, was seized by the [...]]]></description>
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		<title>Hedge Funds in Talks to Purchase Failed Mortgage Lender IndyMac</title>
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		<pubDate>Mon, 29 Dec 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Several hedge fund firms led by J.C. Flowers &#38; Co., are closing in on a deal to purchase the assets of IndyMac, the failed mortgage lender, as of Sunday. The group of firms, which also include Paulson &#38; Co. and Dune Capital Management, would buy the bank&#8217;s 33 branches, along with [...]]]></description>
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