IndyMac Bank seized by federal regulators - Los Angeles Times
IndyMac, which once employed 10,000, fell prey to a classic run on the bank, and regulators singled out Sen. Charles E. Schumer (D-N.Y.) as having helped to fuel massive withdrawals. On June 26, Schumer said in letters to the FDIC, the OTS and two other federal agencies that IndyMac might have 'serious problems' with its loan holdings."
Senator Schumer caused the run?
The democrat .....?
I'm bettin' ya didn't hear that on your 6:00 news.
Dang, if he'd have been a GOPer they would have had screaming "SPECIAL REPORTS"!
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