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Aug 13, 2016
11:10
:12
pm
Cougarrrs
Walk-on
The government created the environment, that's the root of the problem.
Regulation may have provided a bandaid but the goal should be to not get a wound in the first place.
Regulation would have nullified their objective that created the environment. It's self defeating.
This message has been modified
Originally posted on Aug 13, 2016 at 11:10:12pm
Message modified by Cougarrrs on Aug 13, 2016 at 11:12:58pm
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Cougarrrs
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Cougarrrs
Joined
Sep 29, 2014
Last login
Oct 25, 2016
Total posts
6,307 (16 FO)
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Messages
Author
Time
POLL: Was 'Deregulation' a major contributor to the financial crisis in 2009?
conetah
8/13/16 5:36pm
One contributor among many
ColoSpgs
8/13/16 5:41pm
What was deregulated?
Thrill
8/13/16 6:20pm
Derivatives.
conetah
8/13/16 6:35pm
It was both deregulation, but mixed with government interfering pushing loans to
4mack
8/13/16 5:41pm
and by that do you mean Greenspan keeping interest rates low?
conetah
8/13/16 6:36pm
It's a complex issue: From Wikipedia
4mack
8/13/16 6:45pm
Not at all, the opposite. Govt pushed bad mortgages.
Cougarrrs
8/13/16 7:42pm
I don't understand your point.
conetah
8/13/16 9:19pm
The government created the environment, that's the root of the problem.
Cougarrrs
8/13/16 11:10pm
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