Lets see! Christopher Cox SEC Chairman, Bush appointee; Republicans are for more regulation? Hah Hah. Republicans who bargained for less regulation with Clinton.The Finance geniuses who created the Credit default swaps and CDOs.
Probably mostly republicans. The presumption was that these people could be self regulated. Like the 10% margin requirement in the run up to 1929Think it through before you place blame on anyone. I would give you this much Clinton should have never gone along with it. If anyone knows anything about human nature; most will take short cuts if it puts money in their pocket.
Gordon Gecko was the model
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