tag:blogger.com,1999:blog-5023125900040122488.post357858189357431136..comments2023-10-01T05:58:56.409-07:00Comments on The Ca$h Bull: Government HousingSF Mechanisthttp://www.blogger.com/profile/05601876497745234890noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5023125900040122488.post-42126677549356731972009-01-29T23:14:00.000-08:002009-01-29T23:14:00.000-08:00"How an investment bank and insurance company..."How an investment bank and insurance company came to service home loans I have no idea, but there you go."<BR/><BR/>-deregulation of the financial services industry, started under the Clinton Administration & accelerated under the Bush administration allowed that to happen. Everything was fine from 1945 to 1996 due to the spate of laws & regulations established after the Great Depression. Since 1996, the banks, investment banks, insurance companies, etc... have gotten too big, too powerful and involved in things they shouldn't have been allowed to be in. "Too big to fail" must no longer be accepted. The biggest banks need to be broken up just like the oil, pharmaceutical, telecommunications companies need to be broken up due to their cartel like behaviour.East.Bay.Miserhttps://www.blogger.com/profile/18299654912466132740noreply@blogger.com