Agree that Bush failed — buck stops there etc. But to gear an entire “investigative” article around the premise that it ONLY Bush’s fault takes the idea of fairness and buries it aat the bottm of the media manure pit.
Considering that Bush's power as President doesn't include changing or ignoring laws enacted by Congress and a previous President, the idea that Bush is responsible for this mess is ridiculous. He tried to get Congress to address this issue just about every year after the exorbitant and excessive explosion of the subprime mess. Each time Congress denied that a problem was in the offing and told Bush to shove it.
In matters of foreign policy, the buck stops with the President. In matters of domestic policy Congress is most responsible for taking meaningful action. The President's job does not extend to disregarding Congress or the Constitution. The same goes for the FEMA mess and Hurricane Katrina. The Bush Administration couldn't disregard Louisiana's state's rights to do what was necessary.
So yes, the buck stops somewhere, but not always with the guy in the Oval Office.
But the lack of any push --- or indeed a tiny hint --- of accountability and restitution as part of the ultimate solution tends to make me believe that it will stay there.
Unless and until that becomes part of the solution, it is bound to fail.
Too many are scheming right now, as we speak as to how to get on the "bail-out" gravy train...