More women on Wall Street could have averted the 2008 financial collapse, New York Democratic Sen. Kirsten Gillibrand said at a feminist panel this week. https://fxn.ws/2rOGo6Q

Obama Justice Department Forces Banks to Make Risky Loans, Planting the Seeds of a Future Financial Crisis
Hans Bader • August 31, 2011
The Wall Street Journal today writes about how the Obama administration is repeating the “mistakes of the past by intimidating banks into lending to minority borrowers at below-market rates in the name of combating discrimination.” ……………………………………………………………………………………………………………………………………………………………………………………………………………prior to this he also sued banks, 2011 was just a continuation of forcing banks to make loans they knew could not be paid……………………………………………………………………………………………………………………………………………………………………………………………………..The next year, Obama led a class-action suit against Citibank on behalf of several Chicago minorities who claimed they were rejected for home loans because of the color of their skin. It was one of 11 such suits filed against the financial giant in Chicago and New York in the 1990s.
As first reported in Paul Sperry’s “The Great American Bank Robbery,” the plaintiffs’ claim lacked merit. Factors other than race figured in the bank’s decision to turn them down for loans.
One of Obama’s clients had “inadequate collateral” and “an incomplete application,” while another had “delinquent credit obligations and other adverse credit history.”
Obama argued such facts miss the point: that Citibank’s neutral underwriting criteria may have adversely impacted his clients as a class of people. He demanded it turn over loan files from the entire Chicago metro area to prove it regularly engaged in a pattern of discrimination.
The court didn’t award him the files. But Citibank eventually settled, despite the weak case. Under the 1998 settlement, Citibank vowed to pay the alleged victims $1.4 million and launch a program to boost home lending to poor blacks in the metro area.
In the run-up to the crisis, Citibank underwrote thousands of shaky subprime mortgages to satisfy the court in Obama’s case. Defaults were common. When home prices collapsed, most of the loans went bust……………………………………………………………………………………………………………………………………………………………………………………………………………so as you see Obama had a major roll in our housing collapse during bush term of office