The president has packed his economic team with Wall Street insiders

[Dharmaeye]

http://globalresearch.ca/index.php?context=va&aid=16488

What's taken place in the year since Obama won the presidency has turned out to be one of the most dramatic political about-faces in our history. Elected in the midst of a crushing economic crisis brought on by a decade of orgiastic deregulation and unchecked greed, Obama had a clear mandate to rein in Wall Street and remake the entire structure of the American economy.

[tombogan03884]

He should have let them fail but where do you think his campaign money came from ? Big bankers, George Soros, and Muslim  interests.

[Pathfinder]

And most of the so-called financial experts are from Goldmann-Sachs. That's why GS gets to skate while the other institutions are hammered by Congress, the press and whoever.

I disagree with the "deregulation" assertion as one of the causes however. Gummint intrusion in the private sector is almost (I did say almost) always bad.