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Greed, Bailouts, and the Causes of the Financial Crisis

A former FDIC regulator explains who is to blame for the housing bubble

January 4, 2013 RSS Feed Print

What can the public do?

Educate yourself, become engaged. That's one of the reasons I wrote my book. We set up a group called the Systemic Risk Council, a group of former government officials, senators, and regulators and administrative people and former industry people and academics, who are there to identify the public interest and advocate for strong measures to promote the public interest and to counter some of the special interest lobbying pressure.

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Wall Street,
banking

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