Because the proverbial you-know-what did not really hit the fan until September of 2008 (with the one week period that included the fall of Fannie Mae, Freddie Mac, Lehman Brothers, Merrill Lynch, and AIG), many seem to forget that in March of 2008, six full months prior, Wall Street lost one of its true gem stones: the illustrious Bear Stearns. [...]

Low interest rates. Ascending real estate values. Deteriorating underwriting requirements. Abundant access to capital. Oblivious rating agencies. A global economy that soaked all this up. The dominoes were perfectly lined up for the greatest bubble the world has ever seen.David Faber’s new book does an admirable job at capturing this rough narrative, and sequentially breaking out what it meant to the financial crisis of 2008. [...]