This TED Talk addresses the banking crisis from a regulatory standpoint, arguing it was intentional, we knew it was coming, and worst of all did nothing about it, even after the fact. It was “70 times” worse than the scandals of the 80s and 90s, yet unlike the thousands of indictments and convictions back then, in this case there were none.
I’m not a fan of regulation, but I suspect he is correct that a few simple laws already on the books — had they been enforced — would have saved America trillions of dollars and millions of jobs.