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September 15, 2009
Blame them for recession
Though he built Countrywide into the largest mortgage lender in the US, billions were later spent to settle predatory lending charges against them.
He brought extremely low interest rates in the early 2000s. His contempt for regulation are now seen as main causes of the mortgage crisis.
He could not acknowledge that Lehmans was in difficulty. Had he acted sooner, bankruptcy could be avoided.
George W Bush:
Bush government embraced a deregulation philosophy and meltdown began under Bush's watch.
The Chinese government supplied an unprecedented amount of credit to the US over nearly a decade.
The former US president passed played a role in making a lenient lending environment by passing a few Acts that made a difference.
She slapped AAA seals of approval on even the riskiest pools of loans. A ratings agency's putting its top-grade stamp on such tenuous securities was dangerous.
Interim Budget 2014
Airbus A400M unveiled
Microsoft unveils 'Surface' tablet
Shorter, cheaper DZire
Japan prays for good business
India Economic Summit
June 13, 2009: Business
June 26, 2008: Business
June 1, 2008: Business
Mumbai in pics
Mumbai in pics
Sept 16: Mumbai in pics
Best Pictures of the Week: September 6 - 12
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Indian Muslim League says will protect country, Bilawal daydreamer
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