The Indymac Slap in Your Face – You Won’t Believe This!

Tuesday, February 9th, 2010

I didn’t believe it … but then I saw it with my own eyes. You’ve gotta check out this sweetheart deal that the FDIC gave to Indymac.

Check out what Chris Rock, a MustKnowInvesting.com student (and Twitter follower) had to say about it:

This could make your blood boil sooooo watch out!

Click Below NOW and see for yourself …

How do you feel about this?

Please put your thoughts in the comment area.

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Tags: fdic, George Soros, indymac, indymac slap, indymac slap in your face, John Paulson, OneWest Bank, Steven Munchen, the indymac slap in your face

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Comments

1. jp moses on February 9th, 2010 at 11:04 am

   I saw this yesterday, Patrick. Just as outraged as you are. RIDONKULOUS! Makes you wonder how come the mainstream media hasn’t been crying foul…at least not that I’ve noticed. Have you seen/heard about this anywhere else?

   …jp
   jp moses´s last blog ..5 Email Tricks That Flip Houses

2. Patrick Riddle on February 9th, 2010 at 11:16 am

   Yo jp,

   I googled “The Indymac Slap” this morning and saw that there are a handful of bloggers picking up the story and sharing it since yesterday.

   I bet it hits mainstream media in another week or so.

   ~ P-Rid

3. Julie on February 9th, 2010 at 11:28 am

   WOW!!! What a story. Even as a Canadian I can appreciate the craziness.

   Now… onto a totally unrelated topic. I saw on another blog that MKI has a Facebook Fan page… how does one find said fan page and become a fan?? There is no button to behold?? Or something like that…
   Julie´s last blog ..Let’s Play A Game – What’s Missing in the Kitchen?

4. Larry Davis on February 9th, 2010 at 11:50 am

   This gotta be a joke,right.

5. Patrick Riddle on February 9th, 2010 at 12:47 pm

   Hey Julie … yep, I’ve got a fan page now … come on over and fan me up :-)

   http://www.facebook.com/pages/Patrick-Riddle/194035716761

   Larry … this is no joke. Unbelievable, right?

   ~ P-Rid

6. Bill Walston on February 9th, 2010 at 5:37 pm

   Now don’t THAT just chap ya butt???? Sure explains why so many folks are getting stonewalled on their loan mods! Wonder how many other banks got this sweetheart deal?!?

   ~Bill (@resherpa)

7. Patrick Riddle on February 9th, 2010 at 7:26 pm

   Hey Bill … good question man. Probably more than we’d like to know.

   ~ P-Rid

8. Matt on February 9th, 2010 at 10:30 pm

   Enough I’m sure…in some way shape or form.

   I happened to somewhat “know” (slightly) someone who is working a trial loan payment right now through IndyMac. Man I wish him the best of luck…think he just started making trial payments, but it’ll probably drag on for months in the “trial” and then even if it gets approved after that!

9. Patrick Riddle on February 10th, 2010 at 9:56 am

   True Matt. It will be interesting to see how it plays out.

   Here’s a another comment that I got through email yesterday:

   “I saw this earlier and yes, it did make my blood boil.”
   – Phil

   I hear ya Phil.

   ~ P-Rid

10. Chris Rock on February 10th, 2010 at 9:47 pm

    I’m FAMOUS!

    I’m happy to see that this is picking up steam with the mainstream media! Look at p-rid using his social networking power to spread the word. Nice job buddy!
    Chris Rock´s last blog ..Hello world!

11. Patrick Riddle on February 10th, 2010 at 10:09 pm

    Yep you are buddy :-)

    I’m lookin’ forward to seeing what your Pure Bargain Properties blog is all about.

    I like it!

    ~ P-Rid

12. Stephanie Peay on February 11th, 2010 at 3:22 pm

    Does anyone know what happened to the video? The link didn’t work and I couldn’t find it anywhere when I did a search.

    Thanks
    Stephanie Peay´s last blog ..Project “End 2009 With A Bang”

13. Jason Michelli on February 11th, 2010 at 3:47 pm

    Hey Patrick,

    Do you think we could partner up to get a deal like this?!? Wow…that’s all I have to say. It sounds like I need more “friends” in high places like these guys!

    Jason

14. Patrick Riddle on February 11th, 2010 at 3:53 pm

    Hey Stephanie … I just clicked it and it worked fine. You may wanna give it another try.

    Jason … that would definitely be nice if we could. Yeah me too.

    ~ P-Rid

15. Nick@Subject2.com on February 14th, 2010 at 8:23 pm

    Crazy video isn’t? I posted the same video on my site but I don’t think I got as many comments so it was hard to get others opinions. At least you got some.

    Those guys do a really great job at making it easy to see the big picture.
    Nick@Subject2.com´s last blog ..Subject2 eBook

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