August 20, 2008

Chuck Schumer (D) To Be Probed Over Bank Run?

Sweet, although they're only "mulling over" the proposition at this stage.

California's attorney general is reviewing a request by former employees of IndyMac Bancorp Inc to investigate whether a New York senator triggered the bank's collapse by releasing confidential information.

At issue is a much-publicized letter that Chuck Schumer, a Democrat, sent in June to the Federal Deposit Insurance Corp (FDIC) and Office of Thrift Supervision (OTS) questioning the company's ability to survive.

Make it happen. The jackass may have hurt Michelle Obama's children somehow by flapping his gums, so all bets should be off.

Update: Anteater responds below the fold:

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By Good Lt. at 09:59 PM | |