My uninformed guess is that the Democrats started the corruption, but support or acquiescence from key Republicans was essential to keep it going past the danger point.
We know where the buck is supposed to stop[1].
The longer we go without ubiquitous comparisons to Enron and without Congressional calls for prosecutions, the likelier it is that the primary malefactors are Democrats. Nevertheless, the Democrats might succeed in finessing the issue so as to seize the White House and increase their Congressional majorities[2]. Addendum: See here.
Addendum: See here.
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[1] The administration has long been aware that the mortgage situation was precarious. Did it back off as a quid pro quo for Congress's going along with George's Excellent Nation Building Adventures?
[2] But they'll fix it once they have power. Sure they will.
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