Former President Bill Clinton now says he had an inadvertent role in the credit crisis and the Securities and Exchange Commission’s civil fraud case against Goldman Sachs by signing the Commodity Futures Modernization Act in 2000, exempting derivatives from meaningful regulation.

In fact, it was a huge mistake, Clinton said in an interview with Bloomberg News. But he blamed former Treasury Secretary Robert Rubin and his successor Lawrence Summers for advising him on financial deregulation.

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