[peterbecich]

The narrative of the Big Short omits something big i.m.o.: encouragement of easy mortgage lending standards by Washington politicians. Is this line about the SEC the only reference to government in the movie?

[dqv]

But that just goes back to the banks again. Why did the Washington politicians encourage easy mortgage lending standards? Lobbying by big banks. https://scholarship.law.gwu.edu/faculty_publications/1301/

In a similar vein with CAFE standards: why were those loop holes introduced? Lobbying by the auto industry.