[Displaced Flames fan]

Originally Posted by Slava

That is hilarious. How did he get people to overspend, live outside their means and then single-handedly pull the rug out from under them all at once again? I also missed the part about how he wrote all of the over-valued mortgages and then securitized all of them. Oh yeah, and how did he manage to cause the massive distrust between the banks last fall so that credit virtually froze?

I'm no expert on Frank, but I can tell you without a shadow of a doubt that he didn't cause all of that by himself!

Where did Azure say he was solely responsible?

Frank was one of the leading proponents of 'creative financing' and a believer that every American has the RIGHT to home ownership. He played a very large role in the crisis.