Old Anagram

def isAnagram(word , word2): #returns true if a word is an anagram of word2
    word = word.lower()
    word2 = word2.lower()
    list1 = list()
    list2 = list()
    for letter in word:
        list1.append(letter)
    for letter in word2:
        list2.append(letter)

    for letter in list1:
        try:
            list2.index(letter)
        except ValueError:
            return False

    return True

word1 = "looped"
word2 = "poodle"

print word1 + " and " + word2
print isAnagram(word1 , word2)