Financial Crisis of 2008

For the single best analysis of the Financial Crisis of 2008, please click on this PDF Link.  Article written by The Consumer Education Foundation and Wall Street

Wall Street Watch Sold Out. Long Version  pdf

The Financial Crisis of 2008 is a striking example of the breakdown of the Rule of Law in the business and economic sphere, where the regulators are controlled by those they are supposed to be regulating.   In effect, the major banks of the United States became the regulators and legislators for the financial markets.

Additionally, please see:  13 Bankers: The Wall Street Takeover and the Next Financial Meltdown.  by Simon Johnson and James Kwak, 2010.

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