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To: neverdem

Schumer crashed Indy Mac bank by spreading a rumor. The company failed.

bout 9 months later John Paulson, Soros, Micheal Dell and JD Flowers together bought the wreckage or Indy Mac.

What did they get?

A mtg bank recapitalized by Uncle Sam.

Billions in tax loss carry fowards into the future.


2 posted on 04/25/2010 8:36:37 PM PDT by Frantzie (McCain=Obama's friend. McCain & Graham = La Raza's favorite Senators)
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To: Frantzie

Hmmmmmmm...


4 posted on 04/25/2010 8:38:19 PM PDT by skr (May God confound the enemy)
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To: Frantzie
If I recall, that statement by Schumer got the crash started in Oct. '08.

Also, if memory serves, Indy Mac was run by conservatives.

8 posted on 04/25/2010 8:46:53 PM PDT by Siena Dreaming
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