Because the US government forced banks to make those subprime loans through the Community Reinvestment Act. Although the government (through the FCIC, a governm

Because the US government forced banks to make those subprime loans through the Community Reinvestment Act. Although the government (through the FCIC, a government-created commission) obviously denied that this was a root cause of the housing crisis, they probably know that if they try to pin it on some scapegoat bankers it will not hold up legally or in the court of public opinion.