Excellent 3 part video series from the WSJ about the end of the modern era of American Investment Banking.
You can stream all three parts here: End of Wall Street
There are some errors of emphasis — the usual wrong-headed over-emphasis on Fannie/Freddie, the discussion on Clinton/Bush desire for expanding home ownership, as if that itself caused the problem — but overall, it is informative and watchable.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.