Washington Mutual went under. Seized and sold.

[Koga No Goshi]

Regulation is what got you into this mess, if nobody had forced banks to loan money to people who can't pay it back none of this would have happened. You will just have to suck it up and get used to a more dynamic enviroment.

You are off your rocker. Completely. The banks were forced to do NOTHING. This was greed and opportunism and reckless, unregulated speculation that the housing market was going to inflate forever. This was banks not even doing BASIC CREDIT CHECKS or verifying the income of anyone who walked in and said I make 400,000, give me a loan for that 680,000 dollar house.

You are, just.. wrong. I'm sorry but you are.