2008 Financial Crisis Report

The financial crisis that roiled markets around the world in 2008 did not result from a "perfect storm" of accidents. A new report says it was an "avoidable" disaster that grew directly out of the widespread failures of regulators and the excessive risk-taking by corporations and Wall Street firms.

'It Was Avoidable'... Duh! Audio Embed: Morning Edition 1/27/11, Reporter: Chris Arnold.