. . . the MSM would be demanding an investigation and Democrats would be demanding his resignation.

According to the Wall Street Journal,

New York Sen. Charles Schumer’s public criticism of IndyMac Bancorp last summer, which critics say helped spark a run on deposits that took under the troubled thrift, came while IndyMac’s assets were being eyed by investors who are major donors to the Democratic Senate campaign committee the senator chairs.

(H/t Instapundit.)

Los Angeles-based Oaktree Capital Management LP which has “donated more than $700,000 to Senate Democrats and the Democratic Senatorial Campaign Committee during the four years that Sen. Schumer has chaired the campaign committee” was eager to buy up IndyMac assets should the bank fail. To be sure, Oaktree Chairman Howard Marks said he never talked to the senator about IndyMac.

Yet, should a Republican have a similar appearance of impropriety, you can bet Democrats and the media would be all over it with Schumer leading the charge.

This isn’t the first time New York’s other Senator has escaped media scrutiny for potentially unethical actions. Three years ago, the Democratic Senatorial Campaign Committee which he then helmed (as he does now), “was in illegal possession of the credit report for Maryland’s Republican Lieutenant Governor [& then-U.S. Senate candidate] Michael Steele. Two of Schumer’s staffers, Katie Barge and Lauren Weiner, used Steele’s Social Security number to fraudulently get his credit history.”

Schumer’s Committee knew about Barge and Weiner’s deception months before the story became public, yet failed to alert Steele about this invasion of privacy.

And these misdeeds raise no red flags to the media.  Guess it’s that (D) after his name which renders him immune from suspicion about potential ethical lapses.