Yes. Barney Frank (and one long-gone senator) forced the banks to make loans to those who could never pay them back and the system crashed as a result. The mutual funds had a bigger role to play. That is where the real fraud occurred. The real guilty parties have never gone to jail as they should, and the taxpayers were left holding the bag by both parties and the fed itself. It was the most CORRUPT thing ever done to America.
But why those loans, once bundled into packages where absolutely no one knew the actual value, had such a totally disastrous effect, also involved the radically unconservative, over-leveraging of the biggest banks, that took place under the Bush Administration, actually advocated at one point by his Secretary of the Treasury.
Trump is on the mark when he blames both parties. We need to stop making excuses for the Republicans who from time to time try to outdo the Democrats in idiotic programs.
Where there is no consistency in common sense, there is no basis for trust.