Remember When Senator Schumer Killed Indymac Bank
by Jeff Davis
The Jewish Senator from New York, Charles Schumer, is one of this society’s bad guys. He has two causes which he supports passionately, both of them counter to American interests and destructive of American values -namely unlimited support for Israel and gun control. It looks, though, like he might have some other, more hidden interests.
Reuters reports that “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.”
In the midst of the subprime crisis and following the near bankruptcy spiral of Countrywide Mortgage, it would be very easy to cause a panic or “run” on a bank. Even a healthy bank can be driven out of business if rumors spread that it isn’t solvent and everyone with money at that bank withdraws everything. The Jimmy Stewart movie “It’s a Wonderful Life” has Stewart explaining how everyone’s money is tied up in home and small business loans all within the community. Anyone familiar with the business “ethics” of Jews will know that they are entirely capable of spreading rumors about a competing Gentile business or bank to drive it out of business. It would be most interesting to know if IndyMac were a Gentile bank and if old Chuckie Schumer deliberately leaked bad news and why.
Reuters goes on: “The FDIC took control of IndyMac on July 11 after depositors withdrew more than $1.3 billion over 11 days. It was the third-largest bank failure in U.S. history. At the time, OTS Director John Reich blamed Schumer’s letter for causing the run on the bank. In a letter to Attorney General Jerry Brown last week, 51 former IndyMac workers wrote: ‘From the day (Schumer’s) letter was made public on June 26 until the closure of the bank, a run on the bank took place and the failure became inevitable.’”
It is not clear what personal or political benefit Schumer would have gotten from this act, but a thorough investigation would seem certain to turn up something. Throughout history, Jews have manipulated financial markets and information to their own profit and to the detriment of their Gentile host populations. For Schumer to do something like this, knowing full well what the consequences might be, would be the height of irresponsibility, that is unless it wasn’t irresponsible at all, but conspiratorial and completely deliberate.