[cobra de capell]

A bank's worst nightmare is that someone who is in a high position in the government comes out publicly with a statement such as did Schumer. The bank did not go down due to capital problems, although it was struggling to preserve capital, it went down due to a run on the bank with close to $2 billion withdrawn in the 11 days following the public leaking of the Schumer letter. No bank will be safe if politicians get involved.

As an aside (sort of), Schumer runs the Senate effort to elect more democrats - he's received millions from all the big NY bank's to support that effort - IndyMac is in Pasadena and gave no funds to Schumer.....so, follow the money?