User 225439

Who's to Blame for IndyMac's Failure?

Sen Schumer has abused his power in making public statements which can have adverse affects (which his statement clearly did) on a financial institutions ability to do business. As a Senator that sits on the committees he does and also Chairs the Senate Sub-Committee on Economics he has the additional responsibility to be extra cautious in his public statements concerning the financial institutions in which he shares oversight, otherwise he could cause a run on a bank. Funny isn't that just what he did?