IndyMac Attack: Did Schumer, Paulson, Soros, and the CRL Kill the Bank and Profit From Its Collapse? by Andrew Mellon

Posted by Lisa on April 23, 2010 · View Comments

I have been saying this was in the cards from the beginning since July 2008. Now maybe it will come out in the dirty laundry being aired.

To read the article click here

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imaginemore

Correction: s/b Sept 2008
imaginemore

You know it had to be collusion! At the time the FDIC seized IMB reported assets were $32.01 billion and there is no reporting of sales and bidding process that took place to purchase IMB. Soros, Paulson, etal purchased IMB for $1.2 billion in March of 2009 which according to the NY Times was unusual because it was the one of the first cases of a private equity firm purchasing a bank holding company. This was allowed to happen since the Fed eased regulation in September 2009. No sooner did Soros, Etal purchase IMB and it became OneWest Bank, than Tarp allocated $2.2 billion to this new bank. Draw your own conclusion...

All done under Obama's watch! read http://bailout.propublica.org/...

Hope you all get your money
AL

I am a single widowed diasbled dad that lost my 2 daughters ages 11 and 14 college money. I was lied to by the FDIC and by the workers at indymac .These people are inept and should all go to jail. They told me the wrong information. Who else should know about beneficiaries and insured deposits more than the FDIC? I called them numerous time as I called IMB they ALL gave me misinformation.I am deeply outraged. This bank was NOT on ANY bank failure watch list we were sheep led to the slaughter.Totally unfair.