Saw excellent movie “The Inside Job” on 2008 market crash. It nicely explains that in fine details, people & companies who were involved, how it happened and finally what Govt. did.

I was amazed by funny part of story where they let one to insure against things which you they did not own!
Also, it mentions of paper presented by Mr Raghuram Rajan. In his paper on “Has financial development made this world unstable?” he very much predicted on what was wrong with the market. You can read that excellent paper here.

Mr Rajan eventually returned to India and now is Governer of RBI.

Movie Trailer

Have fun!