A video guaranteed to piss you off: the IndyMac Bank scandal

by editor on February 12, 2010

George Soros to the rescue! We always suspected that the banks that acquired “failed” banks got some pretty sweet deals. But this is ridiculous.

{ 6 comments… read them below or add one }

Thomas February 12, 2010 at 12:52 pm

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why everyone connected with this scam is not in jail only provided tribute to the corruptness of the obama administration, planned destruction of the American economy, while rushing in to save the day with a socialist government which seems to be pretty much in place, next international currency and travel passes. Who is John Galt

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KimmyQueen February 12, 2010 at 3:49 pm

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This is disgusting.

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Ray February 12, 2010 at 6:21 pm

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The good ol’ boy network is alive and well in Washington. If we could just keep the blizzard going for a few months, the country might turn around.

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Andy from Beaverton February 13, 2010 at 2:46 pm

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You might want to read this before getting to excited: http://www.calculatedriskblog.com/2010/02/fdic-responds-to-blatantly-false-video.html

If something is too good to be true, it usually is.

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Bob Hertzog February 17, 2010 at 8:03 am

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My name is Bob Hertzog, and I wrote a blog in September/2009 titled, “Is The FDIC Killing OneWest IndyMac Short Sales”. The numbers (and to story, to some extent) in the video were taken directly from my blog. This was an actual case that happened to one of my clients, and the numbers are real. The FDIC press release sounds like a ticked-off 7th grader, and doesn’t address much of what was in the video. The fact that they even chose to respond to a YouTube video has to make you wonder if there is more to this than what meets the eye. Methinks so….

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KimmyQueen February 17, 2010 at 6:32 pm

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I agree. As big as FDIC is for them to waste time being so irrational over a video they claim is wrong and thus bringing attention to it, does make me wonder too.

I don’t mind being closed minded about this. It is disgusting what they are doing and they should be exposed. Thank you for writing the blog.

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