Least we conveniently forget all the other banks and lending institutions that played a part in this whole meltdown, not to mention AIG.
I think Clinton’s original intent was that there be no discrimination in lending w/regard to Fannie and Freddie. It spiraled from there. The road to hell is paved w/good intentions.
So what excuse is there for all the other banks? You know, the ones basking in their wealth.