What are the causes of financial crisis ,with particular foc

What are the causes of financial crisis ,with particular foc.
What are the causes of financial crisis ,with particular focus on understanding and manage risk I am looking at an exam preparation answer for this question ,the answers to this question can be found by watching the following 3 videos Love Of Money on www.veoh.com Answer must include a short the following issues: Free Market Capitalism / power of Global Financial MarketsLight Touch RegulationLow Interest Rates [post 9/11, rise of China]Complex new Derivatives [Credit Default Swaps, Securitised Loans] traded globally, and largely unregulatedMoral Hazard Liars Mortgages, elimination of Risk, Rating AgenciesU.S. Sub-prime bubbleWeak Corporate GovernanceFailure of Banks to understand & manage RiskHuman Nature greed, hubris, bonus culture, herd instinct Further details needed on the following areas by watching the documentary Inside Job -Rating agencies Conflict of interest ( Goldman sacs/J P Morgan / Morgan Stanley ) Wall street has poisoned academia
What are the causes of financial crisis ,with particular foc