[Dad]

Sorry, it was not bullshit, no disrespect meant. The founder of an investment banking firm in the Midwest and a securities lawyer have been warning me of the disaster for 10 years. The lawyer is a member of the federalist Society and the investment banker served as finance chairman for numerous Republican campaigns from governors to senators. They were both committed Republicans. There may have been Dem's who went along, but the deregulation in the financial industry was led by Republicans--notably Phil Gramm. OOPS, you're right. Phil Gramm was a democrat until he switched!!

And don't forget Tom Delay's participation!! He is the one who told Bush(reportedly) to keep his hands off the budget when Bush wanted to cut it. And he is now on the board of the American Conservative Union! However, upon his appointment 6 board members resigned in protest.
Good reading is "To Big To Fail by Andrew Ross Sorkin. Books by Portnoy(?) are suppodedly outstanding as he made the predictions in them. I have not read Portnoy, only had the info in them relayed to me.