Fraud and gross negligence. There's evidence that banks and other players knowingly or negligently failed to do proper due diligence on the mortgages that they

Fraud and gross negligence. There's evidence that banks and other players knowingly or negligently failed to do proper due diligence on the mortgages that they packaged into bonds and sold off to investors, the subsequent deterioration of which started the chain of events. http://www.economist.com/blogs/democracyinamerica/2010/10/financial_crisis_0 http://www.economist.com/blogs/democracyinamerica/2010/10/fi...