Donald Trump has slammed Washington insiders, lobbyists, and Wall Street as he has tapped populist anger to snag the Republican presidential nomination. Yet when it came time to pick the top money man for his campaign, he turned to a hedge-funder best known for running a bank that made billions off taxpayer bailouts and, by one account, cost the federal government $13 billion….
…Trump named Steven Mnuchin, a former Goldman Sachs partner and a hedge-fund boss from Los Angeles, as his national campaign finance chairman….
…OneWest [owned by Steven Mnuchin] was the only bank that refused to settle. The bank also was the target of angry homeowners who filed lawsuits around the country that accused the bank of being overly aggressive in foreclosing. In one notable 2009 case that turned into a cause celebre for opponents of predatory loan practices, a Minnesota woman found herself locked out of her mother's house in the middle of a blizzard after OneWest took the house and changed the locks while still in negotiations to refinance the home.
http://goo.gl/0rSOaS
…Trump named Steven Mnuchin, a former Goldman Sachs partner and a hedge-fund boss from Los Angeles, as his national campaign finance chairman….
…OneWest [owned by Steven Mnuchin] was the only bank that refused to settle. The bank also was the target of angry homeowners who filed lawsuits around the country that accused the bank of being overly aggressive in foreclosing. In one notable 2009 case that turned into a cause celebre for opponents of predatory loan practices, a Minnesota woman found herself locked out of her mother's house in the middle of a blizzard after OneWest took the house and changed the locks while still in negotiations to refinance the home.
http://goo.gl/0rSOaS