I thought it had something to do with selling stuff the red-suspender boys couldn't explain themselves, and when they fell off the wall Obama had to fight to save them from themselves with Ken's money and actually turned a public profit when it was paid back.

I don't know about the unqualified blacks but I remember a California field labourer making subsistence getting north of $300, 000 loan for a home. Bad regulations did that and good regulations in Canada got us through top of the G8. Cowboy capitalism, and the money boys are still at it.

Remember Greenspan saying don't worry the Federal Reserve has all the levers to handle it? I do. God spoke. He admitted later God was wrong.