While there are many culprits to blame in this (and its easy to blame anyone and everyone) one group of individuals that are getting especially heavy scrutiny are the banking regulators. It is very likely that some corruption exists here - suborning the regulatory mechanism is the very first step necessary in order to make the kind of deals that ultimately led to the financial collapse possible, and there is no doubt that more than a few regulators should probably be wearing prison orange jumpsuits right now.
And the evidence for that would be? Truly, before you start throwing that sort of allegation around you need to be able to document it chapter and verse. Did the regulators fail to uphold the law? Or was the law bent by their political masters? We will need a detailed analysis of the financial follies of the last decade in order to know who needs to be held accountable.
John Stewart on the blame game.