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...best word to describe “Red Riding Trilogy” is “epic.” Clocking in at five hours (not including intermissions) the trilogy is emotional, stimulating, beautiful, and haunting. Based on the noir novels by David Peace, “Red Riding” is actually three movies directed by three different directors with three distinct plots, but all of them are connected by central and overarching conflicts...
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...direct result of exploitative loans that never should have been approved. It's certainly true that the securities that sparked the crisis began imploding after subprime borrowers began struggling to repay the underlying loans. Still, the notion that a CFPA would have prevented the mess is debatable at best. It's not as if all borrowers who bit off more than they could chew were deceived; many of them just wanted more house than they could afford, and it's not clear whether an agency devoted to helping consumers would have pushed for stricter scrutiny of their credit histories, higher...
...political price for obstruction. And they're only going to pay that price if they're perceived as anticonsumer; the finer technical points of derivatives regulations or proprietary trading are not going to move the masses. A new bureaucracy might not scream populism either, but it's probably the best way to portray a vote on reform as a choice between the banks and the people...
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