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Of course they blame Barney Frank, rather than eight years of a nearly totally deregulated financial services industry that ran amok.
In all fairness, Clinton and the Republican Congress of the late 90s share the blame with Bush and Republican Congress (of 2000-06) and the lack of any serious oversight for six years. The Financial Services Modernization Act of 1999 was an unmitigated disaster waiting to happen..and to no surprise, it happened.
It didnt just happen in 2007 when Barney Frank rose to the chairmanship of a House committee.