> I'd be interested to hear how less regulation would have avoided the sub-prime financial crisis? If we hadn't had the regulations that "encouraged" banks to

> I'd be interested to hear how less regulation would have avoided the sub-prime financial crisis? If we hadn't had the regulations that "encouraged" banks to do subprime mortgages, they wouldn't have been as common. If regulators hadn't invented risk-free securitization (via insurance).... If regulators hadn't "encouraged" banks to hold fannie and freddie stock (through tax policy and declaring it to be risk-free)....