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Who Caused The Mortgage Crisis? Wall Street & (Republican) Deregulation

Great story from 60 Minutes explaining how Wall Street lost its mind over mortgage-backed derivatives and how the spiral was aided and abetted specifically by the rampant deregulation championed for decades by Republicans and conservatives (like George W. Bush, Ronald Reagan, and John McCain).

(If you click the button on the bottom right, you can make the video full-screen and easier to watch)