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California AG May Probe IndyMac Failure: Report 

Aug 21, 2008By

The nation’s mortgage mess and growing string of bank failures just got very political, as if it wasn’t already. A PR group that reps for the Republican National Committee and other GOP political interests circulated a copy of a letter to the press yesterday from more than 50 former IndyMac Bancorp Inc. employees, alleging that a press leak by Sen. Chuck Schumer (D-NY) caused the bank to fail. HW obtained a copy, as well.

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