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That's exactly what happened. >> well, because of -- because, bill, of government policies that told banks they must make loans -- >> -- oh, please. >> to people who had no hope of ever paying those loans back. >> we all know this. >> bush's fault. >> it's actually the government's fault getting involved and inserting itself improperly that caused that meltdown. >> no government forced any bank to do anything. they did it because they thought they could make money. >> that's not true, bill. >> you give me a name of a bank, kate. that forced the federal government to sell bogus paper. give me t...

Happened. that's exactly what happened. >> well, because of -- because, bill, of government policies that told banks they must make loans -- >> -- oh, please. >> to people who had no hope of ever paying those loans back. >> we all know this. >> bush's fault. >> it's actually the government's fault getting involved and inserting itself improperly that caused that meltdown. >> no government forced any bank to do anything. they did it because they thought they could make money. >> that's not true, bill. >> you give me a name of a bank, kate. that forced the federal government to sell bogus paper....

Happened. that's exactly what happened. >> well, because of -- because, bill, of government policies that told banks they must make loans -- >> -- oh, please. >> to people who had no hope of ever paying those loans back. >> we all know this. >> bush's fault. >> it's actually the government's fault getting involved and inserting itself improperly that caused that meltdown. >> no government forced any bank to do anything. they did it because they thought they could make money. >> that's not true, bill. >> you give me a name of a bank, kate. that forced the federal government to sell bogus paper....

Must make loans -- >> oh, please. >> to people who never had a chance of paying them>> back. >> for eight years -- >> it's t actually the governme inserting itselflf improperly t cause the melt down. >> no government forced a bank g to do anything. they did ite to make money. >> not true, bill. >> all right.ou give me the name of a bank, kate, that was forced by federal government to sell bogus paper. give me the name. >> bill, the banks were told if they didn't stop cutting out particularly minorities who o could not afford mortgages thatt they would be penalized. that's not some big secret i...

Must make loans -- >> oh, please. >> to people who never had a chance of paying them>> back. >> for eight years -- >> it's t actually the governme inserting itselflf improperly t cause the melt down. >> no government forced a bank g to do anything. they did ite to make money. >> not true, bill. >> all right.ou give me the name of a bank, kate, that was forced by federal government to sell bogus paper. give me the name. >> bill, the banks were told if they didn't stop cutting out particularly minorities who o could not afford mortgages thatt they would be penalized. that's not some big secret i...