It had nothing to do with giving people more freedom but everything to do with forcing them to defy free market principles. TRILLIONS of dollars in bad loans were forced upon these investment markets by ACORN and Congress.
Any sane investor is going to use every possible stradegy to protect themselves from these insane crony capitalism schemes that were put in place (for the good of the poor) by democrats and willing accomplshes in the repblican party.
Your statement that freedom caused this is disgraceful.
Institutions like Wall Street wield too much power and control to be allowed to simply run amok and don't even get started on the speculators.
We're not talking about someones personal freedoms here.
ACORN, Barney Frank may have put pressure on lenders to dole out loans to those who shouldn't of had them, but the banks hardly put up a fight.
There was a huge world wide demand for mortgage backed securities that the banks were all too willing to take advantage of. It only took 7 years after Clinton signed Graham-Leach-Bliley before greed got the best of these folks. They shouldn't have the freedom to rob the American taxpayer anymore then I should have the freedom to rob a liquor store.
You should think about what your saying before you accuse someone of being disgraceful.