Eric Florack on July 11th, 2008

The Wall Street Journal:

IndyMac Bank, a prolific mortgage specialist that helped fuel the housing boom, was seized Friday by federal regulators, in the third-largest bank failure in U.S. history.

IndyMac is the biggest mortgage lender to go under since

Continue reading about Bye, IndyMac, And Thanks, Schumer, You Idiot

Eric Florack on July 3rd, 2008

Sen. Charles E. Schumer publicly taunted bank regulators last week about IndyMac Bancorp’s financial condition, which helped trigger a sudden outflow of deposits from the Pasadena thrift. Now the New York Democrat is getting some harsh blowback from one current

Continue reading about Schumer: Market Manipulator?