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January 2, 2009

Mnuchin, Paulson & Co. in Group Buying IndyMac Bank

Jan. 2 (Bloomberg) -- A group including Steven Mnuchin of Dune Capital Management LP and firms run by hedge-fund manager John Paulson and J. Christopher Flowers agreed to acquire IndyMac Bank from the U.S. and inject $1.3 billion in cash into the failed lender, the Federal Deposit Insurance Corp.

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