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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (81896)4/9/2010 2:16:53 PM
From: TimF1 Recommendation  Read Replies (1) of 224729
 
Government regulation of financial markets was a big part of the reason behind the financial crisis of 2009.

The government treated complex securitized bundles of mortgages much more favorably in terms of reserve requirements than it treated holding the mortgage itself. The government pushed home ownership in all sorts of ways that helped lead to the housing bubble, etc.
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