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re: What makes AOC or Oman less American than Trump?
Posted on 4/11/19 at 6:24 am to Pvt Hudson
Posted on 4/11/19 at 6:24 am to Pvt Hudson
The financial crisis was primarily caused by deregulation in the financial industry. That permitted banks to engage in hedge fund trading with derivatives. Banks then demanded more mortgages to support the profitable sale of these derivatives. ... That created the financial crisis that led to the Great Recession.
2
Posted on 4/11/19 at 6:38 am to wazoo11
quote:
The financial crisis was primarily caused by deregulation in the financial industry. That permitted banks to engage in hedge fund trading with derivatives. Banks then demanded more mortgages to support the profitable sale of these derivatives. ... That created the financial crisis that led to the Great Recessio
The financial crisis was caused by Dodd Fwank “fair” housing policies.
Posted on 4/11/19 at 7:36 am to wazoo11
quote:
The financial crisis was primarily caused by deregulation in the financial industry.
Who deregulated that industry?
quote:
That permitted banks to engage in hedge fund trading with derivatives. Banks then demanded more mortgages to support the profitable sale of these derivatives. ... That created the financial crisis that led to the Great Recession.
I guess you never heard of fannie mae/freddie mac, or Dodd Frank?
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