My observations revolve around the interpretation of decisions, incentives, and decisions - I do not see conspiracy theories - just a dance of institutions and individuals and their quest to maximize utility.
I had this conversation earlier - do not confuse "republican" and "conservatism" - they overlap in some areas but not all. In addition, I'm liberal on a lot of social issues. Your categorization is inherently flawed - please read again: your categorization is inherently flawed - a lot of you out there make this mistake!
The financial crisis was not caused or exacerbated by the banking industry. Flawed liberal economic policy wanted undeserving people to own homes - and they had Frannie Mae and Feddie Mac to institute this belief - everything that followed this could not have happened without this liberal underpinning.
Everything you think you know about what happened is generally predicated on an article by Rolling Stone - so shut up. Also, Bill Clinton repealed Glass-Steagall (a policy I actually support given the government support that the banking industry continues to receive) - so there goes that "republican are bad, democrats are good" arguments.
Liberals - one of you stand up. Who's there?