The Republicans de-regulated the financial industry and set this up. Specifically, Phil Gramm was one of the major players in this mess. Time to re-regulate the financial institutions, among other industries.
What planet do you live on, that's been done. Obama is already restricting people's salaries. Were you on planet earth when the markets crashed last fall??? The bottom fell out of the mortgage securities markets, they were extremely overleveraged. Wanna know where it started? The Fair housing Act, forcing banks into loaning mortgage money to HIGH RISK applicants, that got the whole ball a rollin and then the crash some odd 30 years later. You want more regulation, well fella, that's exactly what got us here in the first place. BTW- you just bought someone else's mortgage, the government co-signed YOUR name to those high risk loans and you just bailed them out.