Angelo Mozilo’s sister: ‘How about investigating Schumer?’

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Look who else is taking a whack at Sen. Chuck Schumer for his June outing of IndyMac Bank as likely to fail: It’s Lori Mozilo, sister of Countrywide Financial Corp. founder Angelo Mozilo.

Writing on the Huffington Post, Angelo’s youngest sister offers a defense of her brother, who she said ‘believed every American could one day own a home and be a part of the shared experiment called America.’

She calls him ‘the staunchest believer in the American dream I have ever met.’

Lori Mozilo gets a little confused about political titles in her piece. She refers to Rep. Henry Waxman (D-Calif.), who convened a hearing in March on the mortgage crisis and summoned Angelo Mozilo to testify, as ‘Senator Waxman.’ (In his dreams, no doubt.)

In any case, she ends with an attack on Schumer (a real senator, Democrat from New York), noting that ‘Schumer’s public release of a letter to the Office of Thrift Supervision and the FDIC expressing concerns about IndyMac’s viability has been cited by the OTS as one of the major reasons for the bank’s liquidity crisis and its subsequent take over.’

She concludes: ‘Chuck Schumer vigorously denies his actions had any effect on the situation. Perhaps Senator Waxman should convene another panel. The press can fire up the TV cameras and we can all start asking some questions. Surely someone else is ready for their close-up.’