Fault

An article that everyone must read.

I would also suspect that this will get hardly any notice. In fact this is front page center important.

CNN Money: Financial crisis was avoidable: FCIC

...federal authorities, who failed to curb reckless behavior on Wall Street, bear much of the blame for the turmoil that erupted in 2008 and 2009.


"We conclude first and foremost that this crisis was avoidable..."


The commission faults policies under both Presidents Bush and Obama, as well as actions taken by the Federal Reserve under Alan Greenspan and the current chairman, Ben Bernanke. Tim Geithner, the current Treasury Secretary who was president of the New York Fed during the crisis, and his predecessor, Henry Paulson, were also named in the report.