Send Us Hatemail ! mailbag@conservativecave.com
0 Members and 1 Guest are viewing this topic.
California mulls probing senator over IndyMac crashWed Aug 20, 2008 6:51pm EDTWASHINGTON (Reuters) - 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.At issue is a much-publicized letter that Chuck Schumer, a Democrat, sent in June to the Federal Deposit Insurance Corp (FDIC) and Office of Thrift Supervision (OTS) questioning the company's ability to survive.The FDIC took control of IndyMac on July 11 after depositors withdrew more than $1.3 billion over 11 days. It was the third-largest bank failure in U.S. history. At the time, OTS Director John Reich blamed Schumer's letter for causing the run on the bank.In a letter to Attorney General Jerry Brown last week, 51 former IndyMac workers wrote: "From the day (Schumer's) letter was made public on June 26 until the closure of the bank, a run on the bank took place and the failure became inevitable."more.....
This makes me feel all warm and fuzzy.
I think it's perfect that the assclowns rejected his application. Now it gets really interesting.
Quote from: Lord Undies on August 20, 2008, 10:00:23 PMThis makes me feel all warm and fuzzy.Yeah, like it's really going to happen, a Democrat state attorney general investigating a Democrat U.S. senator.
Quote from: Full-Auto on July 18, 2008, 01:13:01 AMI think it's perfect that the assclowns rejected his application. Now it gets really interesting. The Assclowns are the fools who think a SCOTUS decision is going to help clarify things regarding 2A issues ...
Hard to say . The Former Governor Moonbeam is an unpredictable moonbat. Some times he is actually pert near conservative. Now if he lost any money in the closure he'll be on it like white on rice.
There's a reason why patriotism is considered a conservative value. Watch a Tea Party rally and you'll see people proudly raising the American flag and showing pride in U.S. heroes such as Thomas Jefferson. Watch an OWS rally and you'll see people burning the American flag while showing pride in communist heroes such as Che Guevera. --Bob, from some news site