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

To: All
New York Democrat Charles Shumer precipitated the fall of IndyMac in May of 2008 by releasing "inside" information that the mortgage company was in dire financial straits. This disclosure created the initial "bank run" that is credited by many economists as the initial trigger that prompted the current mortgage crisis.

A prominent Rat Party (formerly the traditional, patriotic Democratic Party) hack and multi-billionaire Rat Party patrons doing what they do.

A google News search produced exactly three hits for: IndyMac Soros Schumer

Whittier Daily News, CA,
Forbes, NY (Dec 28, 2008)
Hedgeworld (subscription), NY (Dec 29, 2008)

No surprise.

9 posted on 01/03/2009 2:54:52 PM PST by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: WilliamofCarmichael

Indymac is the smoking gun...

Democrats engineered the financial “crisis”....

Liberal “journalists” have been screaming “housing bubble” for years...

They openly defended Fanny and freddy in the face of facts....

Yeah...their finger prints are all over this...

They knew they could only win the election if the economy “appeared” to be in the tank...

Small problem....(besides the scum and villany)....the mad scientists allways think they can control the monsters they create....yet they never can.


24 posted on 01/03/2009 6:23:20 PM PST by Crim (Dont frak with the Zeitgeist....http://falconparty.com/)
[ Post Reply | Private Reply | To 9 | 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