Rove lists a number of Frank's unfortunate behaviors vis-a-vis the nation's banking system, but omits perhaps his worst fault. Omits it because it was one the Bush administration shared.
Frank was a leading advocate of making mortgage loans to people who could not afford to repay them. As such, he bears much of the guilt for the housing collapse which is at the heart of the current deep recession. Far from feeling guilt, I daresay Frank is proud of his advocacy.
