Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Gen.Blather
I pray that nothing happens to the economy or Trump before the midterms.

Like a letter from Upchuck Schumer?
California mulls probing senator over IndyMac crash
California’s attorney general is reviewing a request by former employees of IndyMac Bancorp Inc to investigate whether a New York senator triggered the bank’s collapse by releasing confidential information.

Of note...After IndyMac’s collapse, Schumer accused the OTS of allowing IndyMac’s lending practices to slip. IndyMac specialized in a type of mortgage that often required minimal documents from borrowers.
And who required that banks lower their lending standards? Might be something to look up to refresh the mind.

18 posted on 07/07/2018 4:47:18 AM PDT by philman_36 (Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamin Franklin)
[ Post Reply | Private Reply | To 7 | View Replies ]


To: philman_36
Might be something to look up to refresh the mind.

I have thought since 2008 that Chuck Schumer had prior knowledge of - or was partially responsible for - economic sabotage that year. He sometimes inadvertently reveals a bit too much, somewhat like a grade-schooler who blurts out something to show off, yet the media is never curious about his prescience. More so than many in the Corrupt Bastards Club, Schumer is connected, and Schumer is dirty.

Alexandria Ocasio-Cortez is in the minor leagues now, but she has the mendacity to be a real Schumer.

20 posted on 07/07/2018 5:06:26 AM PDT by niteowl77
[ Post Reply | Private Reply | To 18 | View Replies ]

To: philman_36
California’s AG (who "accidentally lost" his Democratic Caucus server) is reviewing a request by former employees of IndyMac Bancorp Inc to investigate whether New York senator Chuck Schumer triggered the bank’s collapse by releasing confidential information.... ...After IndyMac’s collapse, Schumer accused the OTS of allowing IndyMac’s lending practices to slip. IndyMac specialized in a type of mortgage that often required minimal documents from borrowers.

Disability and UI counted as income and if you were latino all you needed for a loan is to be able to sign an X.
Latinos flipped the hmes for profit to each other then absconded leaving banks (and taxpayers) holding the bag.

Oh, those were the heady days of Obama....as a community organizer, he sued banks for not lending to neer do wells and losers. Then as president, Obama sued banks for burdening neer do wells and losers with mortgages they could not possibly pay back.

34 posted on 07/07/2018 6:16:59 AM PDT by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
[ Post Reply | Private Reply | To 18 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson