aceventura3

I don't think you did.

In terms of proximate cause you don't show your connection to banking deregulation and the housing crisis. There were many intervening market drivers between the Reagan Administration and the crisis.

Read what I have provided, and you will see it. True, I have not given you any charts or graphs, but you don't seem to understand the concept of what caused the crisis. Given that, what good would charts and graphs be?

True. You and your cited study take the view that if a bank reports it, it must be true. I don't. That difference, between you and me, tells me that you would never question the data a bank would put in a CRA report for the government and for the public to review. You don't seem to accept the possibility that a bank would publish data in a manner to put the bank in the most favorable light, meaning any study based on that data would be......(come on, you can get it)......"biased".

If nothing else perhaps you can remember this - the government can not legislate away greed. Smart people will always find away game loop holes in legislation and regulation. True competition is the equalizer.

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