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In the last months of President Goerge W. Bush administration, as the U.S. economy was tanking under the weight of a housing market burst bubble and financial crisis, Congress passed a $700 billion plan to rescue the economy — despite reckless and excessive risk-taking by large financial institutions and regulators who had fallen asleep at […]
In the last months of President Goerge W. Bush administration, as the U.S. economy was tanking under the weight of a housing market burst bubble and financial…