Massive increase in regulation. The patriarchs act, the privacy act and sarbanes oxley. We were less regulated, we were not be regulated. Second while theres plenty of greed on wall street working for 40 years there wasnt a sudden plague of greek swept out of the norm on wall street. No, there was nothing new, nothing different. That isnt what caused the financial crisis. In my book i talk about six themes. The financial crisis of the government policy. We dont live in a free market in the United States, we live in a mixed economy. It varies by industry. Technology which by the way has done very well, the most regulated industry in the world this financialservices. Thats where we had our biggest problem, not surprisingly because thats where we had our biggest problems. Second of the policy created a massive disinvestment. They got focused on the residential realestate market. The global burst as all due. At the large Financial Institutions that calls wall street and made serious mistak