[jongaltsr]

Didn’t they leave out all of the government involvement in the system. Like 1/2 of all the defaults were from fannie mae and freedy mac? Didn’t banks get special tax breaks from the government for these sub prime loans?

What do you mean? The Government was involved somehow?
Just because they demanded that a large quota of sub loan packages were demanded by Barney Franks (et al) had nothing to do with the market crash. We ALL know it was just those greedy bankers that caused the problem.
At least that is the "story" congress (not a capital "C") is sticking to......

[grapeape]

Ok, cool. So there was a quota system. Didn’t the banks suffer if they didn’t meet those quotas? How did the government hurt them?