Barry Ritholtz, Columnist

The Few Who Won't Say 'Sorry' for Financial Crisis

Don't expect any apologies from former U.S. Senator Phil Gramm.

July 27, 2015 at 2:22 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

Mea culpa? Come on.
Photographer: Douglas Graham/Roll Call/Getty Images

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--former U.S. Senator Phil Gramm

Many elected or appointed officials have a specific belief system that they act upon in the implementation of policies. When the policies that flow from those beliefs go terribly wrong, it is natural to want to learn why. As is so often the case, that underlying ideology is usually a good place to begin looking.