See how the FDIC is screwing the taxpayer

Gotta see this: http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1459958

Indymac went under and they were purchased by Goldman Sachs people and George Soros,One West Bank. They worked out a deal with the FDIC to get paid more for a foreclosed or short sale than the original loan amount.

Good stuff. Some of the shit going on out there is batshit insane, this is a good illustration of it.

Maybe I should have named the thread " Why banks want to foreclose and throw you out of your house"

That's what it seems like. It doesn't matter to them that those houses are worthless for the time being, they know how they have the government to tap for funds while they are waiting for them to appreciate in value again. Perhaps if we don't let banks get 'too big to fail' they couldn't pull off shady shite like this.