Mnuchin also appointed The Otter as the CEO of IndyMac back in 2009. History repeats. Mnuchin made something like $100M when he sold the bank as OneWest.
Otting was Comptroller of the Currency at the time he was appointed ACTING FHFA Director. Given what the higher level OCC job entails it was a natural fit until finding the lower level backfill for Watt.
Otting was Comptroller of the Currency at the time he was appointed ACTING FHFA Director. Given what the higher level OCC job entails it was a natural fit until finding the lower level backfill for Watt.