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To: Glenn Petersen who wrote (257551)7/12/2008 4:34:18 AM
From: LindyBill  Respond to of 794478
 
`If OTS had done its job as regulator and not let IndyMac's poor and loose lending practices continue, we wouldn't be where we are today,''

Schumer was one of the lead Dems who brought this mess on by insisting that the banks stop so-called "red-lining" and made loans to poorly qualified minorities in the 90's. Once this started, it spread.

Now, they don't know anything about it. And the MSM has not pressed it.



To: Glenn Petersen who wrote (257551)7/12/2008 7:43:27 AM
From: John Carragher  Respond to of 794478
 
i heard about the run on the bank last week from someone out in los angeles.. she said it was topic of discussion on radio etc all week.


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