Belmont Club

By Richard Fernandez

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The last nation

August 15, 2008 - 8:47 pm - by Richard Fernandez
Aether
2008-08-16 06:20:21

3Case:

“IndyMac was a spinoff of Angelo Mozillo’s Countrywide, not a semi-governmental entity.”

once again, I stand corrected by you Fact checking bastards ;)

http://en.wikipedia.org/wiki/IndyMac_Bank

that said, the shenanigans at Countrywide and IndyMac are fine examples of the results of big government “Crony Socialism”.