Tuesday, September 23, 2008

Goldman Considering IndyMac Assets

by Bill McBride on 9/23/2008 04:22:00 PM

From FinancialWeek.com: Goldman eyes IndyMac to build bank network

We plan to build our banking business organically and by buying retail deposits and bank assets in the wholesale market, not through opening branches,” a Goldman Sachs spokesman said.

“For example, the FDIC is selling IndyMac assets and those might be the sort of thing we’d be interested in looking at.”