Name:   GoneFishin - Subject:   A pretty good article by Stockman on '08 crisis Date:   12/13/2014 9:56:34 PM (updated 12/13/2014 9:57:13 PM)

Have to agree with you. Too bad he wrote the article before the House passed the bill to finance the government and attached  deriviative amendment for the banks. Would be interested to read his comments.

"The second rider, custom tailored for the banks of Wall Street, would kill a crucial part of the Dodd-Frank reform law aimed at curbing the banks’ reckless speculation in complex derivatives that fueled the banks’ ignominious collapse in 2008 and fed the great recession. The rider would effectively put taxpayers back on the hook to cushion the banks’ losses in risky derivative deals."

"