The Indymac Slap In Our Face: A Fantastic, Succinct Video by THINKBIGWORKSMALL.com
Hey Barney Frank,
Here’s to you from us here at indymacdepositors.com for your urge to vote down the Honorable Congresswoman Jane Harman’s amendments that would quietly reimburse us to the tune of the new legislation, keep you from FURTHER embarrassment for robbing the LITTLE people, (then again maybe nothing embarrasses you).
Take a gander at this video, PLEASE. We know you will all agree with it, and have asked the creators for a copy which will allow us to post it in its purest form right on the web site, eliminating the need to click on a link. But for now, click here to view it in its pure, unadulterated truth:
Please comment on the site for these guys, they did an excellent job of explaining and simplifying the WINDFALL created by the FDIC for OneWest Bank.
What I really want to know boys and girls, is besides the investors at OneWest, is WHO else benefited or continues to benefit from this OUTRAGEOUS transaction that only a fool would enter into without benefit to his or herself.
Thank you from Lisa Marshall
Another Example of Too Big to Fail
This article chimes in regarding the banks which are deemed too big to fail. It cites Indymac, and how “The action by the Fed has drawn criticism from many quarters. It has bailed out an investment bank which managed funds for wealthy clients and has let a bank which specialised in mortgage lending fail. This sounds like public support for the wealthy and privileged while poorer people have to face the cold wind of capitalism.” This statement regarding Bear Stearns being too big to fail, and for which a new owner was found, but that Indymac was left hanging out in the breeze, since we were seen as “SMALL” depositors, who would not affect the flux of the markets, and how the US economy is viewed globally. Isn’t that nice?
Read the full story here: http://www.pdxpole.com/wild-parties-and-the-bank-of-england/