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Monday, July 14, 2008

Was Schumer's Attack On Indymac Coordinated with 'activist' group?

H/T: American Thinker

Clarice Feldman at American Thinker comments on Jerry Boyer's thoughts at CNBC.

CNBC is suggesting that Senator Schumer's unprecedented role in breaking Indymac, a Pasadena bank, was part of a coordinated scheme with The Center for Responsible Lending , as usual, a name from a far left "public interest" operation which, as is often the case, disguises its objectives and operations.

~~~

. . . Chuck Schumer is no FDR.

You can say that again!

. . . the director of the Office of Thrift Supervision concluded that the collapse of the bank immediately following the Senator’s comments was not a coincidence. Director Reich concluded that Senator Schumer had ‘given the bank a heart attack’.

~~~

A suspicious person might think that a network of lefty attack groups proficient in bank bashing and frequently funded by trial lawyers and short-sellers, coordinated their activities with a law firm on the hunt and a Senator who works closely with the network.

On the other hand, maybe it is a coincidence that CRL and Sen. Schumer attacked the same bank in the same week. Maybe he didn’t know about the CRL report, nor CRL about his letter. Maybe the community group didn’t know about the trial-lawyer class action lawsuit which was launched against Indy a couple of weeks before all of this started.

Yeah, right.

Enquiring minds want to know!

God Bless Ya'll !

III

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