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Media tactics cross the line

August 03, 2008

The blood-sucking tactics of the media regarding the aftermath of the IndyMac Bank collapse have gone too far. For many years I myself have aspired to be a successful journalist, but the inflated hype over Downey Savings & Loan's financial situation has caused me to rethink this career choice. ("Mortgage woes hit Downey Savings & Loan," July 24.)

In the wake of IndyMac's seizure by the FDIC, I have read story after story hinting at or outright stating that Downey Savings will be the next to fall. I find this despicable. Attempting to predict the future in this way is a self-fulfilling prophecy.

Kelsey Smith

Irvine

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