Most of the blame resides on Obama and the democratically controlled house and senate since 2006!
See:
http://www.nydailynews.com/news/poli...nt_obamas.html
and
See:
http://www.bloomberg.com/apps/news?p...id=a7mHS_OEluf
If the rePubs are guilty of anything, its not pushing the Dems HARDER on what the heck was wrong with Freddie and Fannie back when the Dems were denying anything was wrong.
Congress passes legislation, congress has the responsibility to oversee the fed. That's been a democrat congress for three years now