Home › Forums › Financial Markets/Economics › Dick Fuld sends email from spiderhole/ Who is to blame for this mess? › and the Democratic led
and the Democratic led congress welcoming easy financing for those who had no business owning homes.
Bad example. Democrats didn’t constitute the majority in Congress until winter of ’06/’07. By that time it was too late to change anything.
Much of responsibility is upon free-market/deregulation crowd – Greenspan, Cheney, Gramm.