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To: SeekAndFind
I'm sorry, but there were plenty of culprits in the private sector as well. AIG. Banks. Ratings agencies. Corporate executives who thought systemic risk was a thing of the past. And millions of homebuyers who failed to educate themselves on the true cost of what they were getting into - and whether they could handle such.

One of the biggest problems with the post-mortems on the financial crisis is that too many people want to limit the blame to one sector, instead of realizing something this screwed up takes many, many culprits at all levels.

12 posted on 12/13/2012 8:40:35 AM PST by dirtboy
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To: dirtboy

Nah, it was their fault, not ours. Simple thinking for simple people. You’re asking for intellectual honesty, good luck with that.


15 posted on 12/13/2012 9:03:45 AM PST by Wolfie
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