Regulators to Schumer: We’ve got a Whole Bag of Shhh With Your Name on It
Posted by Paul Jackson on Jul 3rd, 2008
2008
Jul 3
As we head into the July 4th holiday, it’s clear that federal banking regualtors have one thing in common with beleaguered Indymac Bancorp Inc. (IMB: 0.74, 0.00%) — both wish that Sen. Charles Schumer (D-NY) would keep his trap shut.
The leaked letter he sent to regulators last week questioning the financial footing of the [...]