They Say "Hindsight Is 20/20", Meaning, You Can Usually See

They say "hindsight is 20/20", meaning, you can usually see things more clearly, with a much better understanding, after it has occurred. And, we can say the same for the banking crisis of 2008-2009. The practices of several participants (for-profit companies, government regulators, and customers) came together to create the situation that caused the collapse of several banks, financial services companies, and corporations.