Bobert, You are 100% orrect that there was no respondisibility, oversight or regulation.

I hope others will soon understand that this was worse than deliberate. The actual financial instruments that were invented such as the double derivitives and the credit default swaps were created and scientifically modeled to do exactly what they have done.

I could repeat that but I believe it is clear enough.

Treasury Secretary Paulson of Goldman Sachs appointed his buddy Neel Kashkari to dole out the bail out. Neel was VP for Goldman Sachs and helped model some of these weapons of financial of mass destruction , which is exactly what Warren Buffet calls them.
You see he had nuclear physics math to aid his economic modeling.

Guess who the first people were to get the bail out money. AIG? Yep but they immediatly gave it to Goldman Sachs which is who AIG was most deeply in debt.

The first 200 billion flies out the door and already we don't hav clear accounting of where it goes after person 1 gets it.

Bobert, we have seen natural disasters, this is not one of them.
This is murder in the first degree with forthought.