The Democrats prevented the needed reform in the derivatives business, the business that brought down AIG and Lehman Brothers, derivatives based on the “toxic mortgages” produced by Fannie Mae & Freddie Mac. Media claims that the “reform” …. Professor Thomas J DiLorenzo: The CRA Scam and its Defenders: http://www.mises.org/story/2963. John R Lott, Jr : Analysis – Reckless Mortgages Brought Financial Market To Its Knees http://www.foxnews.com/story/0,2933,424945,00.htm …

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The Financial Reform Law: “Never have the corrupt done so little …