It would be most interesting to know whether Schumer has any Wall Street hedge fund friends who were short IndyMac shares...
I think thats the basis for the investigation-the leak was perfectly time for the shorts. Chuck is the slimiest senator out there..
IndyMac lost 80% of their value in 2007 (and about 95% in 2008 before Schumer made their announcement). Their losses exceeded 30 Billion Dollars before Schumer even looked at them. The executives at IndyMac are trying to play us for fools.