Political Cover-up of the Financial Crisis
January 10, 2015
Peter Wallison, American Enterprise Institute scholar and author of Hidden in Plain Sight: What Really Caused the World’s Worst Financial Crisis and Why It Could Happen Again, debunks the narrative blaming the 2007-2008 financial crisis on deregulation, and explains why affordable housing policies and subprime loan incentives drove Fannie Mae and Freddie Mac into insolvency, taking the rest of the financial industry down with them.
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