October 2016: Genworth agreed to be acquired by China Oceanwide Holdings Group Ltd., a private financial holding company based in Beijing.
At the time its July 11, 2008 closure, IndyMac had assets of about $32 billion, making its failure the fifth largest bank...
Remember, not a single loss at all in 13 plus years in Banks v. Homeowners. Quite remarkable considering the billions of fines...