Quote Originally Posted by Enoch the Red View Post
Lenders like... Fannie Mae and Freddie Mac?
Agreed, you found two "corporations" that are essentially the government, though I'll note that these two held fewer subprime mortgages than average. I'll raise you all of the superbanks, most of which the government felt compelled to save because they would have taken the economy down with them if more than a couple had failed. Good thing the government removed the regulations restricting banks from both trading and lending operations!
Yeah, that New Deal era hallmark of governmental tinkering ended up working out really well, didn't it?
Didn't have any massive bank failures that threatened the economy until we removed that restraint on banking unions, did we?

Oh, and you need to check your history. The key screw up with Fannie Mae was in 1968, not when it was established in 1938. Well, you could argue being strongarmed by Clinton and then W was what turned the Macs harmful.

Or are you talking about the banks that were deemed too large to fail by the government? Free markets indeed...[/QUOTE]