[FD3SA]

Because he hired Henry Paulson, the ex-CEO of Goldman Sachs who single handedly devised the entire CDO ponzi scheme, as his Treasury Secretary.

For those interested, more here: https://www.youtube.com/watch?v=FzrBurlJUNk

Watch the entire documentary, lays it out plain and simple. To this day, not a single prosecution.

[maxerickson]

Obama's first appointee to Treasury Secretary was Timothy Geithner. He took over from Paulson 6 days after Obama became president. That delay is maybe slightly unusual, but it hardly makes Obama responsible for the actions that Paulson took 6 months prior (I guess hiring Geithner indicates that Obama didn't have a problem with those actions, as Geithner was also one of the architects of the bailout).