jimmyp42

Senator Schumer's Careless Remarks Result in IndyMac's Early Demise

Years ago I was a State Bank Examiner in California. At that time it was against the Financial Code to do anything to incite a run on a bank. I am not aware that that code has been changed. In the Senator's position he has the right to point out negitive things to regulators, but to make his comments public for self political gain should be a crime.