On the Fact that Banking, Mortgages, and Housing Were the Three Most Regulated Sectors of the American Economy and Yet this is Exactly Where the Problems Erupted Leading Up to the Financial Collapse
Let us imagine the benefits of total and complete de-regulation of the banking and mortgage industry. What would be the benefits? Would it improve ethics in the banking/mortgage/lending practices? Would complete deregulation of Wall Street and the financial markets lead to improved ethics and moral behavior? If so how and why?
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Let us imagine the benefits of total and complete de-regulation of the banking and mortgage industry. What would be the benefits? Would it improve ethics in the banking/mortgage/lending practices? Would complete deregulation of Wall Street and the financial markets lead to improved ethics and moral behavior? If so how and why?
We have found the enemy; and it is us.
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