[Westbrook]

Who is benefitting?

George Soros, the Rockefellers, the Mellons, the Democrat party.

It sure isn’t the homeowner. Their still being evicted by foreclosure actions at a record rate that is accelerating.

[Tellurian]

"The Federal Deposit Insurance Corp. reached a preliminary agreement to sell the remains of IndyMac Bank -- one of the biggest bank failures in U.S. history -- to a team of high-profile investors, suggesting there is private money willing to invest in troubled banks if the government agrees to shoulder heavy losses.

"The investment team, which includes affiliates of private-equity chieftain Christopher Flowers, hedge-fund investors George Soros and John Paulson, and computer mogul Michael Dell, will contribute $1.3 billion in capital toward a purchase of IndyMac Federal Bank. The investor group and the government also agreed to share ...

Link to a recent WSJ article

Yup, it looks like Soros has teamed up with J. Paulson to feast on the carcass of IndyMac, with government guarantees of course ...

[CodeToad]

“It sure isn’t the homeowner.

It isn’t? I’ve been buying stocks dirt cheap and have been looking at homes that have come down in price over $250K! Car prices are way down so we are looking to buy a Jeep cheap. Anyone with a job will benefit as this economy tanks. Of course, ya gotta keep that job.