This song, produced by NPR’s outstanding podcast Planet Money, explains in under two minutes one huge part of the crap financial firms were pulling in 2006, 07, and 08 that crashed the economy.
And there’s a very good reason it sounds like something Mel Brooks might have written for the shysters in The Producers to sing.
If you want a more detailed explanation of how one big company plotted to screw things up, listen to the first segment from a recent edition of This American Life.
I don’t claim to completely understand all the economic concepts involved, but the report makes it very clear that someone (probably many someones) should be in jail.