Why do we need financial reform? Didn't the free market operate just as it...

...should have during the housing? bubble?

And now Obama wants to regulate the financial industry and stop people from making money.
I have a friend who was a mortgage broker and he made over $2,000,000.00 between 2004 and 2007. During this time he purchased two Mercedes, one for himself, one for his wife, a BMW Roadster for his daughter and a Lexus for this "secretary". In addition to that, he bought a home in Miami and one in California.

And he was just one of thousands of mortgage brokers. The Wall Street Bankers made billions selling the loans he and others originated and fueled the economy, employing thousands of carpenters and Joe The Plumber.

Why does Obama want to monkey with a system that works so well?
 
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