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They blew up. >> all figures from those three days of hearings points to wall street. >> reporter: experts point fingers at another important culprit, congress itself. >> i think congress deserves a lot of the blame for the meltdown. >> reporter: why? because experts say congress, when controlled by democrats and by republicans, created the conditions that allowed wall street to run wild. elizabeth warren chairs the panel named by congress to oversee the t.a.r.p. bailout. >> basically, congress threw open the door to the financial services industry and they said, have at it. have it the americ...

Oversee the t.a.r.p. bailout. >> basically congress threw open the door to the financial services industry, and they said have at it. have at the american families, sell them whatever you want to sell them, trick them however you want to trick them. trap them however you want to trap them. >> reporter: congress repealed banking safeguards in place since the great depression. declined to regulate some risky new wall street practices and failed to do anything even after repeated warnings that families were being victimized by predatory practices. and wall street banks and mortgage companies, in ...

Prime minister trudeau of canada. very dishonest and weak. what in the world is going on? joining me now is tony blinken, former deputy of state, deputy national security adviser in the obama administration and cnn global affairs analyst. tony, i think we can both agree, we've never seen anything like this, the united states refusing to sign a joint declaration with the closest allies, insulting the canadian prime minister. i want to get to the substance. does trump have a point that there is a systematic set of predatory practices that europeans have enacted? in other words, have they taken n...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.