The banks, the BofAs, CITIs, JPMrgnChase, etc. more than the Merrill Lynchs, Lehman Bros - the retail banks and their parents, more than “Wall Street” - were the primary creators, sellers and holders of the “toxic” assets, from sub-primes to complex credit default swaps.
I agree.. I’ll probably be throwing things at my radio when he comes on.. if I’m still awake.