tag:blogger.com,1999:blog-19838051.post6323296201550655308..comments2024-01-28T22:16:50.852-06:00Comments on Mr. Dilettante’s Neighborhood: Chucky Kills IndyMacMr. Dhttp://www.blogger.com/profile/13920907647566015611noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-19838051.post-45046709598949233162008-07-13T09:48:00.000-05:002008-07-13T09:48:00.000-05:00Because of Shumer's reckless words people he alleg...Because of Shumer's reckless words people he allegedly champions will suffer.<BR/><BR/>Those with multiple accounts under $100,000 but combined are more that $100,000. are probably screwed. During the S & L mess I had a friend with three accounts each under $100,000 that totaled $230,000. She was reimbursed a total of $100,000. Those at the S & L assured her all the money was insured. There was another S & L across the street. She lobbied Congress to no avail.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19838051.post-50960812723726020272008-07-13T09:46:00.000-05:002008-07-13T09:46:00.000-05:00Thanks for stopping by, Two Putt.No surprise there...Thanks for stopping by, Two Putt.<BR/><BR/>No surprise there? So you know what I think all the time? Cool!<BR/><BR/>I don't think we know that the IndyMac people were crooks. As I said, when I was in the industry with B of A we took a long look at a joint venture with them. We didn't go through with it, but it wasn't because we had any reason to believe they were corrupt.<BR/><BR/>It's possible that you are correct (perhaps you are an appraiser yourself?), although it would be helpful if you'd provide more than an assertion to back up your claims. <BR/><BR/>What I do know is this - Schumer chose to make his concerns public and by doing so he caused a bank run. No one is disputing that. And the bank run guaranteed the demise of IndyMac. I rip Schumer because he foreclosed (pun intended) any other outcome.Mr. Dhttps://www.blogger.com/profile/13920907647566015611noreply@blogger.comtag:blogger.com,1999:blog-19838051.post-32689165341310749682008-07-13T09:02:00.000-05:002008-07-13T09:02:00.000-05:00IndyMac failed because they were crooks. Appraise...IndyMac failed because they were crooks. Appraisers have been talking about IndyMac for a long time; there are IndyMac employees that should be charged under RICO laws.<BR/><BR/>But you rip Schumer.<BR/><BR/><BR/>No surprise there!Bounced Checks Berghttps://www.blogger.com/profile/17363330653876905714noreply@blogger.com