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To: Sherman Logan

I blame the Feds 30% and that means Franklin Raines, Fanny and Freddy, Chris Dodd, Barney Frank. I also blame GW and his administration for not regulating CMOs and derivatives. Alan Geenspan can be blamed for an insane easy money policy

70% of the blame goes to Wall Street and bankers. They did the most damage with their exotic new derivatives. Some of them should be stripped of their riches and sent to prison


105 posted on 02/14/2009 5:33:39 PM PST by dennisw (Archimedes--- Give me a place to stand, and I will move the Earth)
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To: dennisw
I more or less agree. Although I'd probably put it closer to 50/50. The Feds are, after all, supposed to prevent misuse of the system, not encourage it.

Some of them should be stripped of their riches and sent to prison.

Morally, I agree 100% Constitutionally ain't gonna happen. That unfortunate clause about "ex post facto laws". It appears most of these guys broke no laws at the time, and we can't pass laws now to make what they did then ilegal.

106 posted on 02/15/2009 5:18:00 AM PST by Sherman Logan (Everyone has a right to his own opinion, but not to his own facts.)
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