Who caused the "Mortgage Crisis?"

As banks fall all around us and our financial markets take a beating, the media is pointing the finger at "greedy" capitalists.

However, are they really to blame?

Neal Boortz makes a compelling case that it we aren't being told "The Rest of the Story."

In his editorial, Neal recounts that 20 years ago or so the "BIG NEWS STORY" was that minorities and the poor could not get home loans. The media would run story after story showing where RACISM had prevented a minority from getting a loan, excluding the facts that the person seeking the loan had no money saved, no consistent job history, and a large pile of consumer credit card debt.

Congress told lenders that if they didn't shape up and find a way to get mortgages to these people, then congress would start regulating the industry even more. SO...the mortgage companies did find a way to give loans to people who weren't necessarily qualified. They developed a product called the "sub-prime" mortgage.

So. Who caused the mortgage crisis? Was it the "greedy" companies or was it an overzealous government? Or, was it a combination of both?