0
   

California mulls probing Schumer over IndyMac crash

 
 
Reply Wed 20 Aug, 2008 07:45 pm

http://www.reuters.com/article/rbssBanks/idUSN2045763020080820
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Discussion • Score: 0 • Views: 340 • Replies: 3
No top replies

 
parados
 
  2  
Reply Thu 21 Aug, 2008 07:55 am
@gungasnake,
Banks don't crash because of Senators. Banks collapse because they make bad loans and no longer have the assets to survive. As was pointed out in the other thread on IndyMac the signs were all there of the trouble for IndyMac prior to any letter from Schumer. IndyMac stock dropped faster than Freddy and Fanny stock because investors were aware of the problems.
McGentrix
 
  1  
Reply Thu 21 Aug, 2008 08:01 am
Doesn't change the facts.

Is it ok to say that someone was killed by saying they were dying anyways?

Schumer's action's were wrong and an investigation is warrented.
0 Replies
 
gungasnake
 
  -1  
Reply Thu 21 Aug, 2008 09:13 am
@parados,
Tell it to the californicators.....
0 Replies
 
 

Related Topics

Obama '08? - Discussion by sozobe
Let's get rid of the Electoral College - Discussion by Robert Gentel
McCain's VP: - Discussion by Cycloptichorn
The 2008 Democrat Convention - Discussion by Lash
McCain is blowing his election chances. - Discussion by McGentrix
Snowdon is a dummy - Discussion by cicerone imposter
Food Stamp Turkeys - Discussion by H2O MAN
TEA PARTY TO AMERICA: NOW WHAT?! - Discussion by farmerman
 
  1. Forums
  2. » California mulls probing Schumer over IndyMac crash
Copyright © 2025 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.05 seconds on 07/17/2025 at 01:02:14