A Chuck Schumer leak pushed the failure along?

In a written statement, the Office of Thrift Supervision, which regulated IndyMac, said “the immediate cause” of the failure was statements made by Sen. Charles Schumer, a New York Democrat. Mr. Schumer in late June publicly raised concerns about the bank’s solvency. “Although this institution was already in distress, I am troubled by any interference in the regulatory process,” said OTS Director John Reich.