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Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

It must be true -- I read it on the internet!
I try to be a fairly well-informed person.  When I hear something sensational that should be new and I haven't heard it, my BS antennae go up.
Here is an example:
http://www.youtube.com/user/fiercefreeleancer 
This sounds credible and has 2 million views.  The gist is that the FDIC sold the assets of Indymac bank in a sweetheart deal that turns any losses into a profit for the purchasing bank.  This sounds like something that I'd have heard about.  It should be pretty big news, but I hadn't so there go my BS antennae.
With just five minutes of searching, I found this post that disputes the claims:
http://realestateinvestordaily.com/market-information-news/fdics-sale-of-indymac-to-one-west-bank-sweetheart-deal-or-not/

The BS factor was so high that FDIC felt it had to send out a press release disputing the video:

http://www.fdic.gov/news/news/press/2010/onewest_lossshare.html
 
It amazes me that people continually forward this stuff around.  I get things like this from my older friends who lived in a time when most of the things that you read were true.  I constantly tell them to do a little checking before they send me something.  www.snopes.com is an excellent resource.  If a BS email has been out there for more that a month, it is likely that they ... more

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