Trump Treasury Contender Mnuchin's Mortgage Mess

The transcript discusses Steve Mnuchin's career, focusing on his acquisition of Indy Mac during the financial crisis and the subsequent controversies over foreclosures. It highlights the financial gains made by Mnuchin and his investors, including John Paulson. The discussion also touches on the political implications of Mnuchin's actions, especially in the context of his potential appointment as Treasury Secretary under Donald Trump. The narrative explores the theme of investing in distressed assets and the political dynamics surrounding such investments.

Discuss the financial gains made by the investors involved with Indy Mac after its sale.

What implications did the foreclosure crisis have on the political landscape and public perception of the individual discussed?