Quote:
Originally Posted by Calgaryborn
You could argue that if a regulation was in place that disallowed the banks from lending so freely that the crisis wouldn't have happened but, that wasn't the cause of the crisis. Bankers without regulation aren't so incompetent as not to see a bad risk. And even if some were the majority wouldn't follow.
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Not even Alan Greenspan would agree with that anymore.
That argument is been done and buried now.
Cowperson