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A comment on Jamie Dimon blows up at DC's dysfunction. Parent comment

Re:Jamie Dimon blows up at DC's dysfunction by toomuchtodo on Friday July 14, 2017 @12:21PM (#14771002)
Bad loans were not incentivized by GSEs; it was rating agencies who were rating junk at AAA standards.
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Re:Jamie Dimon blows up at DC's dysfunction by cmiles74 on Friday July 14, 2017 @12:24PM (#14771026)
At the behest of the banks, who were looking to repackage product.
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Re:Jamie Dimon blows up at DC's dysfunction by magila on Friday July 14, 2017 @01:37PM (#14771611)
The ratings agencies, and their importance in the financial system, have been shaped in large part by government policy.

https://en.wikipedia.org/wiki/Nationally_recognized_statisti...

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