Oh good grief, here we go again!
I could just link to the other thread, but I'll go ahead and start again.
You lost your argument in the other thread... you just keep posting strawman comments that bypassed any point that contradicted what you believe.
Please tell me what deregulation you are referring to.
Gramm-Leach-Bliley Act of 1999
IndyMac and other could not have done what they did in the subprime market without the law being repelled.
The Commodity Futures Modernization Act of 2000
AIG likely would not have failed if the swap market had been better regulated
You claim (simplistically) that the crisis is caused by the last 2 presidents (and congress) pushing home ownership for those not financially qualified to pay off the loans.
While that push did occur from both Clinton and Bush if the banking industry would not have been deregulated then the sub prime loans could not have been made in the numbers that occurred.
On top of that
Greenspan kept rates so low that banks had trouble raising capital through deposits.
The answer to that was that the Fed relaxed the rules and regulations and started allowing greater use of brokered deposits for reserves.
Of course when the securities based on the subprime loans started getting downgraded then the brokered deposits became worthless or not allowed and the banks ended up with no reserves.
We wont go into the derivative market which is ironic because typically it was used to hedge risks but instead became risky investments themselves.
Oh oh oh oh ohhhhhhhh! Can I answer????
rotfl2: 
Brought to us by none other than the Republican Party. Aka Nixon/Ford and heavily touted by Reagan.
