.... dufusses.... goddam dufusses.<quoted text>He definitely played a role, turns out however that it was a very small role for while he did increase the percentage of so called risk loans they were being managed properly under his watch and most were current when he left. Mel Martinez would then have played even a larger role and I've never heard of anyone placing Martinez on the blame list.
It was the Graham-Leach_Bliley Act (1999) that set the mortgage calamity in motion, Graham was a powerful Senator from Texas who "all" the experts place very highly on the blame list.
Whatever, my original post re: Cuomo was that today he would be a far better candidate for POTUS than anyone currently on the (R) list.
One of these days I suspect you'll link one of Paul Izzo's insane NY Post rants to back up one of your looney posts.
The Glass Steagall Act had the same function as an imune system has. It stops diseases from spreading and killing the host.
The Graham-Leach-Bliley Act merely eliminated the Glass Steagall Act immune system, which allowed the Democrats' Marxist equal-outcome subprime housing mortgage underwriting program to grow into the cancer it bacame that obviously was the cause of the eocnomic collapse of 2008.
This was predicted by the New York Times in 1999.