Ho-hum, another day, another corrupt housing-bubble-company meltdown. Or two. Or three.
Goodbye Indymac employees. Thanks for orchestrating one of the greatest financial frauds in American history. Thousands more of you lost your jobs today, but like Angelo Mozilo at Countrywide, your kingpin of fraud (aka "liar's loans"), CEO Michael Perry, still walks the earth a free man.
Hopefully not for much longer.
The Great Unwinding is here folks. Right on schedule.
See it live. Right before your eyes. Every day. For a long, long time to come.