http://www.propublica.org/feature/the-magnetar-trade-how-one-hedge-fund-helped-keep-the-housing-bubble-going

This is one helluva investigative report. Makes you hair stand on end. The culprits walked away with billions (about 80)scum-bags. Wonder where all the money went...it's still in their bank accounts...and they are paying to keep the teabaggers alive and well and loud so your attention will be diverted from this story.

I've seen a few such stories... probably the tip of the iceberg, I'm afraid. Lewis' book is also interesting:

A handful of "brilliant analysts" see the bubble about to burst, try to warn people, get ignored, and so they short the bubble. They end up making hundreds of millions of dollars...

It's OK though, 'cause they tried to warn people...

Funny morality.