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Occupy Wall Street and the myth of bank blame
The piece argues the housing crisis blame falls on Congress and flawed policy, not banks, noting the Community Reinvestment Act targeted retail banks, not investment firms. It faults Bloomberg for a blaming rhetoric, cites Taibbi on securitization crimes, and cites AEI’s Wallison opposing federal restraint on subprime lending.
MENTIONED IN THIS ARTICLE
Wall Street
Reagan
Bush I
Bush II
Rep
Barney Frank
D-Mass
United States
White House
U.S
Newark
N.J
Oakland
Calif
New York
Michael Bloomberg
Rush Limbaugh
Sean Hannity
Wall Street Journal
Bloomberg
Congress
Fannie
Freddie
Occupy
FDIC
Countrywide
Fannie and
Rolling Stone
Matt Taibbi
Bank A
Goldman Sachs
Goldman
George W. Bush
The
Ownership Society
Bush
Limbaugh
AEI
Peter Wallison
Fannie Mae
Freddie Mac
S&ls
Arkansas Times
Gene Lyons
St. Martin's Press
Lyons
Eugenelyons2
Yahoo.com