In other words, the government had nothing to do with making the banks hand out all those questionable mortgages in the first place.
No, the government had nothing to do with trying to get more people to buy homes and bullying banks into lowering their standards in the name of altruism. Oh no, absolutely not. Move along. There's nothing to see here.
And altruism had nothing to do with making the banks more compliant, more eager to do the bidding of their regulatory overlords. Or getting said overlords to look the other way while bankers made riskier and riskier loans because, after all, owning your home is good for the country!
Why, no. Of course not! Why would anybody ever even think such a thing?
So now, after
a two-year investigation . . . that included four public hearings and the collection of hundreds of internal documents- according to the story on NewsOK.com - everything's all better now, it was all those nasty bankers' fault anyway, and if the government did do anything wrong it was only because it wasn't regulating the banking industry enough!
So now it's safe for Washington to go back to business as usual. All we need, if anything, is more regulations.