The 2008 financial crisis made it clear that banks were overregulated.

Name: The 2008 financial crisis made it clear that banks were overregulated.
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The 2008 financial crisis was largely caused by a lack of regulation and oversight in the banking industry, particularly in regards to mortgages and other forms of lending. Many experts argue that the crisis could have been prevented or mitigated with stronger regulations and enforcement.

The 2008 Financial Crisis Made It Clear That Banks Were