Who Killed Wall Street?
Perhaps it is futile to look for the single cause without which America's financial system would not have blown up. There were so many contributing factors that this may have been a case of a “perfect storm,” a rare failure that required a large number of stars to be in alignment simultaneously.
https://prosyn.org/eNxwCI9
CAMBRIDGE – You don’t have to break a sweat to be a finance skeptic these days. So let’s remind ourselves how compelling the logic of the financial innovation that led us to our current predicament seemed not too long ago.