Who's to blame for the economy?
readers have spoken: It's
, in a landslide.
Each day last week, a different writer from
made the case for why one of five prime culprits -- Congress, the
-- is most to blame for the credit crisis and ensuing economic meltdown.
We ran a poll alongside the stories last week, allowing readers to have their say. More than 10,000 weighed in between Monday and Sunday. Congress, with 49% of the vote, easily outpaced the banks, with 22%.
Readers bought reporter
Lauren Tara LaCapra's
argument that lawmakers and their regulatory agencies backed policies they now bash as economically flawed, contributing to the downfall of government-sponsored mortgage giants
( FNM) and
Politicians also reaped donations from the financial firms who profited mightily from those policies, the same firms that are now receiving hundreds of billions in taxpayer-supported aid.
Big national and Wall Street banks like
Bank of America
did not completely escape blame. Its closest competitor was irresponsible home buyers, with 13% of the vote.
Click below to see the complete results:
This article was written by a staff member of TheStreet.com.