If the UK's equality czar thinks so, he's greatly mistaken.
From housing to Wall Street, government prodding and over-regulation have caused more problems than they’ve solved.
A more realistic view is that a housing boom and bust happened to strike a fragile financial system whose fragility was worsened by ill-conceived government interventions.
Government's distortion of the housing market needs fixing as much as Wall Street.
The global financial crisis needs the hope that US mortgages are trustworthy.
The real reasons we're in this mess – and how to clean it up.