Hey bankers, let's lie about the value of bank securities...
That sounds like a great idea Deregulator !
We've go to do something about these villains! They're going to cause a crisis!
Hey what's the problem here?
Oh nothing...just a little... DEREGULATION MUAHAHA
The Wall Street Bankers and the government deregulated the banks, allowing the crisis to happen.
OH NO What are we going to do? We lost so much money!
The government can solve the problem be creating more regulations so that the banks don't make bad investments
Don't worry, us Regulators will take care of this and make sure it never happens again!
Thank you so much! We don't want those banks to have too much power!
Deregulation in the financial industry is the issue that caused the economic crisis because bankers would get away with lying about investment ratings and ruining the economy!
Now that we've punished some these bankers, we can work on the solution!
The victims of the economic crisis included the housing market and ruined homeowners' home equity.
The solution to the problem is to create more regulation, unlike the Recourse Rule! The FBI agents will make the government regulate the banks better!
The solution is Regulation of banks overseen by the federal government in the best interest of the people! This could happen again, but if we keep a stable financial system, then we can hopefully prevent another crisis!