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| Look Who's Buying IndyMac |
| 2009-01-04 |
| The FDIC has just announced that a consortium of private equity and hedge fund firms would be buying IndyMac. IndyMac was an independent "bridge bank" spun off of Countrywide Mortgage in the late 90s. IndyMac acted as a "bridge bank" to Fannie Mae and Freddie Mac. New York Democrat Charles Shumer precipitated the fall of IndyMac in May of 2008 by releasing "inside" information that the mortgage company was in dire financial straits. This disclosure created the initial "bank run" that is credited by many economists as the initial trigger that prompted the current mortgage crisis. The FDIC took over the operations of IndyMac in late summer of 2008. So much for history. George Soros is in on the deal to buy IndyMac from the FDIC. Soros has a long history of making loads of money by first creating a financial crisis and then stepping in to grab up the bargains. Perhaps the most famous example of this tactic is "Black Wednesday," when Soros nearly sunk the entire economy of Great Britain through currency speculation. George Soros has helped bankroll the campaigns of the Democrats in Congress who created this mess. Now, it appears, he is cashing in on his investment. |
| Posted by:tipper |
#10
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| Posted by: Pappy 2009-01-04 22:17 |
| #9 You cannot deny that his immediate death would be of benefit to liberty, and to the US. He is a one-worlder, and anti-american, a collectivist, an anti-individualist, an economic destroyer who manipulates and demolishes markets in his greed, who has spent tons of money to pollute the US political system, who promotes lies, who promotes dishonesty, who promotes instability, ... I could go on and on. The list goes on and on. His death would be a benefit to liberty. So why is it against the rules to advocate that he *should* die sooner than later? Would you be saying the same about Bin Laden? Or any of the tinpot wannabe genocidal dictators? Arguably, the case for Soro's death being a benefit to the world is even more considering the widespread reach he has, and his aiming for the destruction of the last bastions of western civilization in order to promote his atheistic one-world government, his desire to reduce humanity to the hive. |
| Posted by: OldSpook 2009-01-04 22:13 |
| #8 If you were in full "leftard" mode it would be "the universe". |
| Posted by: crosspatch 2009-01-04 22:10 |
| #7 The Planet should kill Soros, the way an antibody works against a cancer. There, happy that I gave it a leftard spin? |
| Posted by: OldSpook 2009-01-04 22:07 |
| #6 Mods, kiss my ass. It was allowable. I didnt incite or say I was going to do that, just that someone SHOULD do it. |
| Posted by: OldSpook 2009-01-04 22:06 |
| #5 Careful what you say. Soros' bought and paid for Department of Justice might come for you. |
| Posted by: crosspatch 2009-01-04 19:52 |
| #4 Someone needs to kill Soros. |
| Posted by: OldSpook 2009-01-04 19:36 |
| #3 He must have a fantastic security force. Just sayin'.... |
| Posted by: Barbara Skolaut 2009-01-04 15:31 |
| #2 Nope, Soros is involved in raiding taxpayers cash. For a lefty he seems to prey a lot on idiotic government intervention in currency markets. |
| Posted by: Bright Pebbles 2009-01-04 15:12 |
| #1 Anyone surprised by this? Soros was involved in the Asian monetary panic. He was involved in trying to crash the pound. He was involved in crashing the peso. Now he's involved in crashing American banks. Surprised? Anyone? Bueller? |
| Posted by: Steve White 2009-01-04 13:54 |