Barney Frank says deregulation caused this economic morass. LOL
No Barney, this mess was facilitated by your lack of oversight of Fannie Mae and Freddie Mac.
Your sound bite supports Senator Nobama's felicitous comments, but it is an out right lie. Wall Street is indeed greedy but they were only dealing in the same mortgage securities that you were promoting through the Community Reinvestment Act and your lackadaisical over sight of Fannie and Freddie, probably brought on my your romantic involvement with Fannie Mae executive Herb Moses.
I sincerely hope the people of Massachusetts retire this embarrassment soon!
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