California mulls probing senator over IndyMac crash

[rushmc 23]

Awful early in the cycle for me to post, but I know Amazon would not so I will

http://www.reuters.com/article/politicsNews/idUSN2045763020080820?feedType=RSS&feedName=politicsNews&rpc=22&sp=true

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[Amazon 7]

Interesting portion of your link....



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.

Copies of the employee letter were distributed to the press by CRC Public Relations whose clients include the National Republican Congressional Committee, National Republican Senatorial Committee and the Republican National Committee.

CRC, based in Alexandria, Virginia, was also linked to a company that published a book questioning 2004 Democratic presidential candidate John Kerry's Vietnam service on a swift boat.

Schumer spokesman Brian Fallon questioned the motivation behind the letter.

"It certainly raises eyebrows that the firm promoting this letter is the same outfit that fueled the Swift Boat attacks and does work for the RNC," Fallon said.

Schumer chairs the Joint Economic Committee, which has members from the Senate and House of Representatives.

Schumer and other senior Democrats, such as Senate Banking Committee Chairman Christopher Dodd, have been highly critical of Republicans and the Bush White House for not doing enough to help distressed homeowners.


Why does it not surprise me that you are STILL supporting the Swift Boat Crowd.....

BWAHAHAHAHAHAHAHAHAHAHA

Differnt day.. same ole BS

[lawrocket 3]

Schumer appeared to cause a run on the bank. Perhaps it merely accelerated the inevitable.

However, it appears that when Schumer speaks, people listen.

My wife is hotter than your wife.

[birdlike 0]

Quote

Schumer appeared to cause a run on the bank. Perhaps it merely accelerated the inevitable.

However, it appears that when Schumer speaks, people listen.

That shitbag's voice is worse than nails on a chalkboard, to me.

Spirits fly on dangerous missions
Imaginations on fire

[kelpdiver 2]

Quote

Schumer appeared to cause a run on the bank. Perhaps it merely accelerated the inevitable.

However, it appears that when Schumer speaks, people listen.

much like Greenspan when he still had a godlike reputation.

Not sure what would be probed - he shouldn't have said those words, but he did, and the result followed. Other than another dog and pony show, what's the point?

Oh right, to avoid talking about the missing budget.