Barney Frank, U.S. Congressman (D-MA) and Chairman of the House Financial Services Committee, calls securitization the third major period of American economic history, and blames underregulation of securitized lending as a major cause of the current financial crisis.

Barney Frank, U.S. Congressman (D-MA) and Chairman of the House Financial Services Committee, calls securitization the third major period of American economic history, and blames underregulation of securitized lending as a major cause of the current financial crisis.