The story goes. That picture was just a screen grab, of when his twitter got hacked. He kept his password "password" or so they say AFTER he knew he got hacked, LOL.
http://www.politico.com/story/2016/12/trump-treasury-foreclosed-homes-mnuchin-232038 Ultimately, Mnuchin’s story, like the housing collapse, doesn’t fit into a simple narrative. While earning the ire of consumer advocates, Mnuchin also brings an understanding of the global mortgage market that Trump will need to complete the unfinished business of the housing recovery. Inside the Beltway, some are cheering his appointment. ... When the FDIC shut IndyMac down, Mnuchin and his partners swept in to buy what was left, bad loans and all. As was typical at the time, the FDIC agreed to help OneWest cover the cost of the bad assets it inherited, including losses on foreclosed single-family loans. And the foreclosures came, 36,000 of them by one estimate. So far, losses under the deal have mounted to $4.6 billion. The FDIC has paid the bank $1.2 billion, according to agency data. That payout has been a lightning rod for OneWest critics, even though the bank and its successors absorbed $3.4 billion in losses that the FDIC didn’t cover. Keep bringing the nonsense. Mnuchin made a whopping $10.9M payout when OneWest was acquired by CIT Bank. While consumer advocates fight OneWest in the trenches, some inside the Beltway see a glimmer of hope in Mnuchin, an expert in mortgage bonds and structured finance. They say he has the technical know-how to fix mortgage giants Fannie Mae and Freddie Mac, a job Congress and the Obama administration have avoided. Wednesday, he vowed to move quickly on that unfinished business. “It makes no sense that these are owned by the government and have been controlled by the government for as long as they have,” Mnuchin told Fox Business. “We’ll make sure that when they’re restructured they’re absolutely safe and they don’t get taken over again, but we gotta get them out of government control.” The comment cheered financial lobbyists and sent the companies’ stock soaring. “He knows how everything works,” said John Taylor, president and chief executive officer of the nonprofit National Community Reinvestment Coalition. “Given his background, I’d like to be optimistic. The guy’s already made a lot of money. Now it’s time to make sure others share in that prosperity.”
http://www.mcclatchydc.com/news/politics-government/white-house/article24744763.html Cayman account dogs Jacob Lew, Obama’s treasury pick President Barack Obama’s pick to head the Treasury Department faces a tough grilling Wednesday from Republicans looking to spotlight his time at Citigroup, the troubled financial institution rescued by taxpayers. White House Chief of Staff Jacob Lew Abaca Press/MCT President Barack Obama’s pick to head the Treasury Department faces a tough grilling Wednesday from Republicans looking to spotlight his time at Citigroup, the troubled financial institution rescued by taxpayers. Jacob “Jack” Lew spent less than two years at Citi, from 2006 to 2008, but his time there has now provided fodder for administration critics. They’re especially focused on Lew’s disclosure filings from 2009 showing he’d been invested in a fund headquartered in the offshore tax haven of the Cayman Islands. Read more here: http://www.mcclatchydc.com/news/politics-government/white-house/article24744763.html#storylink=cpy
