TakeAStepBack
Gold Member
- Mar 29, 2011
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Why is wall st. blamed? Because the govt. sure as hell doesn't want to be pinned as the real and correct culprit of the crisis.
They were responsible in that they did not regulate the financial sector and private lenders. Because they are in collusion. We have a plutocracy now, didn't you know?
They most certain did "regulate" them as per usual govt. procedure. Just nobody did the job. Which is why only a free market, equipped with the regulatory measure of FAILURE, is the only way to keep institutions in check.