Sitting at the table together

One of the themes of my take on the crisis is that the major financial players were lending money to each other and worried less than they should have about getting paid back because the government almost always bails out creditors of large failing financial institutions. When everyone is lending to everyone else in a with little or at least less worry than usual, you can really magnify the profits and the damage when it falls apart. And when it falls apart, because everyone has financed...