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Feds Cite Schumer For Run On Indymac Bank

Mike

Well-known member
Feds Cite Schumer In Collapse Of IndyMac
LA TIMES ^ | July 11, 2008 | Peter Viles


Feds Cite Schumer In Collapse Of IndyMac

An important angle in the IndyMac failure that may get lost in ominous headlines tonight and tomorrow: federal regulators pointedly cited U.S. Sen. Charles Schumer, D-N.Y., in explaining the bank's failure. In simple language, federal regulators blamed Schumer for a run on the bank.
 

VanC

Well-known member
Gee, I don't know, Mike. Schumer is a Democrat and therefore couldn't possibly have done anything wrong. Heck, I've read that very thing many times right here on this very forum. Give me a couple of days and I'll find a way to blame it on President Bush. :wink:
 
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