While this article really says nothing new, it sheds light on the elephant in the room, which was a major cause of the financial crisis (coupled with massive deregulation thanks to lobbying by those same banks and the Federal Reserve's policy of keeping interest rates low during the bubble): the massive amount of fraud lending institutions engaged in during the peak of the housing bubble (2004-2006).
The claim that no one saw this coming is nonsensical. Yet, it is repeated still today. This helps the reader understand why those claims need to be shut down. At some point, "truthiness" (a fabulous term coined by Stephen Colbert) has got to end, the truth has to be acknowledge, and people need to go to jail. Period.
Check out the article on Forbes.com here: