Indeed, his article simply promotes the leftist cliche of "Wall Street villains." Not a word about the progressive-left government institutions and policies which set up the whole fraud.
No word about the CRA, no word about the political nature of Fanny and Freddie, and their highly paid democrat CEO's. No word about Andrew Cuomo and Bill Clinton setting of the rush to increase Fanny and Freddie purchases of crappy loans, and above all, not a whit of analysis of how that ultimate Progressive-Era institution, the Federal Reserve, provided their criminal member banks the capital to recycle these loans, and then the $$ Trillions in QE to make them whole afterward.