Yes, but the fact remains all the funny business was started in the Clinton admin. No Clinton admin forcing banks to take on bad loans which resulted in shaky derivatives and securties, and no eventual financial crisis. Read Sperry’s book. Clinton is the arch-criminal mastermind in the whole thing.
The derivatives market is still alive and well, even after the problems with them were exposed. And yeah, sub-prime mortgages were a bad idea. But it took the financial geniuses of Wall Street to turn firecrackers into atom bombs.