Like the $2.1 billion taxpayer-funded loan he gave to Solar One that was lost yesterday when they filed for bankruptcy?
Remarks by the President at the Associated Press Luncheon — WhiteHouse.gov
[I]t was a period when insurance companies and mortgage lenders and financial institutions didn’t have to abide by strong enough regulations, or they found their ways around them. And what was the result? Profits for many of these companies soared. But so did people’s health insurance premiums. Patients were routinely denied care, often when they needed it most. Families were enticed, and sometimes just plain tricked, into buying homes they couldn’t afford. Huge, reckless bets were made with other people’s money on the line.