Deregulation Behind The Massive Financial Crisis
risis
No, it wasn’t Fannie and Freddie. Alan Greenspan (who owns a lot of blame for the mess), the SEC chairman and John Snow agree it wasn’t them. Fannie and Freddie weren’t even securitizing those mortgages in large numbers until 2005.
Wonk Room » The Perino Challenge: ‘What Specific Regulation Did We Eliminate?’ Lists several key ones.