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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (704405)3/15/2013 4:58:35 PM
From: i-node  Read Replies (1) of 1579130
 
>> Bush encouraged low income loans, while removing regulation from all banking sectors:

Bush's "encouragement" amounted to millions.

The problem was Clinton's REQUIREMENT to lend money to unqualified borrowers, which amounted to 100s of billions. And the failure to deal with derivatives during the first crash, about which he warned and instead of acting on it, he fired the messenger.

> Telling the greedheads to go wild.

The greedhead was Rubin.
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