In March 2008, the sudden and spectacular collapse of Wall Street titan Bear Stearns shocked the financial world, but also gave an early warning of the economic crisis that would sweep the world in the year to come.
William Cohan, a former award winning investigative newspaper reporter in Raleigh, North Carolina who had worked on Wall Street for 17 years, explores the human causes and effects of collapse.
Cohan, who worked for Lazard Freres in New York for six years and later became the managing director at JP Morgan Chase, explores what he describes as a culture of "hubris and wretched excess" that lead Bear Stearns to create the questionable mortgage investments that contributed to a global meltdown.
He answered your questions on Wall Street's collapse.