Did anti-regulation lobbying fuel the subprime crisis?

Wed, 08/10/2011 - 20:00 EDT - Vox - EU

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Deniz Igan, Prachi Mishra, 11 August 2011Did anti-regulation lobbying fuel the subprime crisis? This column shows that there is a strong relationship between financial industry lobbying and favourable financial regulation legislation. It argues that the financial industry fought, and defeated, measures that might have curbed some of the reckless lending practices that many think played a pivotal role in igniting the crisis.Full Article: Did anti-regulation lobbying fuel the subprime crisis?

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Did anti-regulation lobbying fuel the subprime crisis?

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