Not sure how to discuss this subject without some politics involved...

Dash - there were many factors involved, corporate greed being one of them...

The biggest culprit though was having a so called "conservative" president spending money like a "socialist" (i.e. Carter)... That combined with political correctness created by ACORN troops that forced businesses to lend money to credit unworthy individuals simply because of their minority status... The Fannie Mae & Freddie Mac scheme devised by Barney Frank wannabies was the beginning of the entire “defraud the government” pyramid schemes…

One thing I like about our current leader is that at least he does what he said he’d do; he said he'd attempt to let the government be in charge of as much as possible of our economy and that’s exactly what he’s doing… ( - huge sarcasm light on) The previous president was against that yet he did just about the same...