Thursday, December 18, 2008

Whats on your Xmas List ?

To get our money back. I really don't believe that the FDIC has the best interest of Indymac depositors at heart. The FDIC seems much more concerned helping Indymac borrowers to modify their existing mortgages. Here is a recent article regarding the sale of Indymac to the highest bidder. http://reversemortgagedaily.com/2008/12/07/who-has-indymac-on-their-christmas-list/ I don't believe that the FDIC is operating in a very transparent manner. This should be of no surprize considering the FDIC is virtually unaccountable to anyone. So much for transparency and accountability. Has anyone heard from the FDIC to give them an update regarding the possibility of recovering some of their hard earned life savings ? Please stop laughing.............I really want to know.