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Who's to Blame for IndyMac's Failure? [Can you spell Schumer?]
Seeking Alpha ^ | July 12, 2008 | Mark McQueen

Posted on 07/12/2008 3:08:39 PM PDT by upchuck

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To: Dems_R_Losers

One angle you may want to look into for your prospective article on IndyMac comes courtesy of housingwire.com:

>>...Our industry sources have gone so far as to suggest that Schumer was paid off to leak the letter to the press, although it’s unclear if the suggestion is anything more than idle speculation. The conspiracy theory goes like this: IndyMac has been privately negotiating for new capital for at least the last few months, and a Large Investor offered a deal that CEO Michael Perry balked at; Large Investor decided to pay a few bucks to a Senator in New York to force the issue...<<

http://www.housingwire.com/2008/07/03/regulators-to-schumer-weve-got-a-whole-bag-of-shhh-with-your-name-on-it/

schumer=pond scum


61 posted on 07/12/2008 7:19:44 PM PDT by bugseye
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To: upchuck

Let me try this! Hey, everyone, Citibank is going to fail in a week. Get your money out first thing tomorrow!


62 posted on 07/13/2008 5:33:49 PM PDT by Right Wing Assault ("..this administration is planning a 'Right Wing Assault' on values and ideals.." - John Kerry)
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To: upchuck

63 posted on 07/13/2008 6:24:48 PM PDT by cartoonistx
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To: Right Wing Assault
Hey, everyone, Citibank is going to fail in a week. Get your money out first thing tomorrow!

You're kidding, right?

64 posted on 07/13/2008 6:31:46 PM PDT by upchuck (As we doggedly march towards dystopia, my poor country is losing it's mind. God help us!)
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To: cartoonistx

Awesome cartoon. Is that your work?


65 posted on 07/13/2008 6:33:57 PM PDT by upchuck (As we doggedly march towards dystopia, my poor country is losing it's mind. God help us!)
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To: upchuck
You're kidding, right?

Yes, but if it really happens, will I be in trouble?

66 posted on 07/13/2008 11:38:23 PM PDT by Right Wing Assault ("..this administration is planning a 'Right Wing Assault' on values and ideals.." - John Kerry)
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