Tomorrow, I am having a review session for the Business Law class I teach, for students to review what they've learned so far - in preparation for next week's Mid Term Exam. It seems to me that, as the equity and bond markets hover near all-time highs, it just might be time for the Investor "Class" to do a bit of review, as well.Given that the markets appear to believe that systemic risk, the TBTF banks, regulation of derivatives, Wall Street reform, and moral hazard all have been "satisfactorily resolved," perhaps a review is not necessary. However...For those who would like to assess and improve their knowledge of the financial crisis in advance of the next "test" they are likely to face, I recommend a review of the following well-made films, which together present a clear picture of the crisis and should help the Investor Class to assess what they should have learned:Inside JobA fact-filled documentary film:https://vimeo.com/54817244Margin CallA fictional (but enlightening) account:https://www.youtube.com/watch?v=HrT20egtXpw
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