Meet The Press Charles "Indymac" Schumer Talks About Banks

The man responsible for a $32 Billion failure of IndyMac Bank in California talks about bank nationization, Charles Schumer on June 26, 2008 released a letter that "expressed concerns about Indymac's viabilty" and caused a 2 week bank run that ended with IndyMac Bank being seized by Federal Regulators on July 12, 2008. The Office of Thrift Supervision in a statement said that the spark that caused the bank run was the letter released by Senator Charles Schumer.
However today Indymac Schumer on Meet the Press is once again an expert on Banks, and the Indymac failure is ancient history.

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[Ettoredipugnar]

Charles "the schmuck " Schumer

[jwerner79]

No. The main person responsible for the IMB disaster is Michael Perry. Others like John Bovenzi, Sheila Bair, Robert Mueller, Eric Holder, and the OTS are to blame too of course, but the senator from New York had little to do with the failure. He is a phony, but he did not cause this mess.

[indymacdepositors]

Yep and if you see the movie "Avatar", it supports Steven Mnuchen, and his dear wife, dripping in diamonds, supporting arts projects in LA, while parting depositors with their life savings in a bank Mr. Mnuchen purchased with partners for a song from FDIC.

[indymacdepositors]

Yes, it was a strategic plot, you are correct.

[indymacdepositors]

yeah, you are right, Pres. Obama has done that for us.

[indymacdepositors]

Charles Schumer is a phony! He targeted my bank to take my savings to get his campaign contributors a cheap deal on a killer bank deal! He refers to Timothy Geithner as thoughtful and analytical in his approach to the banking issues.  Schumer made a political move to target Indymac for his campain investors. He is as fake as his hair plugs about TARP. I deserve tarp funds more so than GM does, or Madoff customers do for taking risks. I and others tried to preserve our cash, not gamble.

[lbwright777]

CHUCKY is always in it for CHUCKY

[bbnemesis123]

If you actually research and see who is failing all these companies, then you realize what is truly happening. It is amazing that these failing companies are being run to the ground MAINLY by jewish business men. Read the info of this video. Schumer remarks DID cause people to do a bank run on IndyMac, and cause the demise of IndyMac. Just think of the bigger picture WHY. It is not just "Oh, they made stupid decision." There has to be a bigger reason to fail near the same time. Wake up and think

[bbnemesis123]

Chuck Schumer is a NY jew, a member of AIPAC, and RECEIVED OVER $2.5M IN CAMPAIGN CONTRIBUTIONS FROM THE TOP 9 FINANCIAL INSTITUTIONS when he ran for senator. Chuck's interest is to keep the FED intact for his jewish banker contributor buddies. Listen to his lie about the govt being irresponsible when the fault lies in the current FED quasi-private central banking system. The FED is causing our problems. Only people who do know how the FED works will understand what I am saying.

[dkkght]

If the Obama administration does not do another thing I am grateful that they have accomplished something that the Bush admin didnt. By Obama ruining the economy he has solved the long standing immigration problem. With the decline of money and jobs here the illegals have decided its better to go south of the border where the economy is better. That is if they can get past the drug cartel war and survive.