Central Problem: the Central Bank - Barrons.com: "PRESIDENT BARACK OBAMA HEADS the list of Americans who believe that the continuing financial crisis should be blamed on excessive risk-taking by bankers who had an unbridled desire to make money in mortgages. These would-be reformers want stronger government regulation of the bankers to make sure that nothing like this ever happens again.
In a recent 60 Minutes interview, Obama blamed 'fat cat bankers' for causing the crisis, putting America through its 'worst economic year...in decades.' He went on to chide Wall Street banks for 'fighting tooth and nail' the new regulations he believes would be vital in preventing future crises."
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