Affordable-housing goals established in the 1990s led to a massive increase in risky, subprime mortgages. By Phil Gramm and Mike Solon Aug. 12, 2013 6:55 p.m. ET Simply put, the financial crisis of 2008 was caused by a lot of banks making a lot of loans to a lot of...
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WSJ: The Clinton-Era Roots of the Financial Crisis
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