The Shocking Indictment of Wall Street

Doug Lucas: I'm honored to be in some way associated with such a prestigious journal as yours. Doug, this is Joe Pimbly's account of why Lehman Brothers failed when it did. What does this terrible indictment imply for current goings on and credit? Was this isolated at a moment of time or is this part of human nature? Is it part of a human system of fiat currencies and moral hazard?