What caused the financial crisis? The Big Lie goes viral.

[Sea Demon]

Originally Posted by mookiemookie

Not to mention private labels securitized more subprime loans than Fannie or Freddie ever held in their investment portfolios (as they could only securitize conforming loans)

Who writes the rules, mookie? Who gets their backing and support straight from the taxpayer? Where did the directives from lending sub-prime come from? And who tried to fix it? What people blocked it for ideological reasons? The facts vs. your facts are two different things.