Political Quickie: The Lesson of IndyMac

Today’s lesson, class, is this:

What caused the failure of IndyMac Bank?

A) A long history of mismanagement resulting in a class-action lawsuit.

B) The loss of several top corporate executives in 2008 includingthe Chief Financial Officer who went on two months “medical leave” before resigning.

C) Lack of capital due to massive exposure in California’s crumbling housing market.

D) Dirty Fucking Hippie Democrat Chuck Schumer opening his goddamn mouth and asking oversight questions.

Guess which one the GOP noise machine and our liberal media is picking?

Here endeth the lesson.