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Heavy-Handed Politics

"€œGod willing, with the force of God behind it, we shall soon experience a world
without the United States and Zionism."€ -- Iran President Ahmadi-Nejad

Saturday, July 19, 2008

Schumer Partly Responsible for $1.3 Billion Run on Bank, Experts Say
IndyMac Bancorp Inc. and the federal government’s Office of Thrift Supervision have accused Sen. Charles Schumer (D-N.Y of sparking a $1.3 billion run on IndyMac by releasing a letter predicting its failure. Experts disagree on whether Schumer acted appropriately.


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