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The Bank that McCain's Son Directed Just Collapsed Entirely

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berni_mccoy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:12 AM
Original message
The Bank that McCain's Son Directed Just Collapsed Entirely
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3476512

I wonder if this is an Omen for a McCain Presidency...

McCain needs to be questioned about this. McCain was a key player in the Savings and Loan Crisis and probably has had a hand in the current financial crisis.
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C_U_L8R Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:14 AM
Response to Original message
1. Crashing runs in the family
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:43 AM
Response to Reply #1
7. Ooh
ouch!

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GoesTo11 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:44 AM
Response to Reply #1
8. and the party
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sellitman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:16 AM
Response to Original message
2. The Keating Five Dad John McCain must be real proud of his son.
A chip off the old block!
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Dollface Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:20 AM
Response to Original message
3. I wonder how much he sucked out of it before it collapsed?
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Dollface Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:20 AM
Response to Original message
4. I wonder how much he sucked out of it before it collapsed?
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GoesTo11 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:29 AM
Response to Reply #4
5. Guess: A business partner got sweetheart deals on some loans
That's how Neil Bush did it when the bank where he was on the board collapsed and left the taxpayer with the bill.

What are the odds of this happening twice?
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Dollface Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:36 AM
Response to Reply #5
6. Good guess.
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Major Hogwash Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:47 AM
Response to Original message
9. Well, the $5 Trillion dollar bailout of Fannie Mae and Freddie Mac makes this look like peanuts.
Edited on Mon Sep-08-08 07:49 AM by Major Hogwash
So, just like when Bush's brother screwed up Silverado, I don't think anyone will notice this very much.
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Heather MC Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:52 AM
Response to Original message
10. How's the bank doing where Biden's son works?
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krkaufman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:55 AM
Response to Original message
11. Yep. And is going to cost FDIC, that is... us... hundreds of millions. n/t
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davidpdx Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:56 AM
Response to Original message
12. Good God! What an ugly sight it will be when this hits the network news
McCain will be spouting all kinds of foul words.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-08 07:58 AM
Response to Original message
13. I'm sure that he will keep this out of the headlines
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