What's behind the financial crisis and collapse of companies like AIG (NYSE:AIG), Fannie Mae (NYSE:FNM), Freddie Mac (NYSE:FRE), and Merrill Lynch (NYSE:MER)? How did hedge fund manager Steve Eisman manage to make huge money off the subprime train wreck? What will Wall Street look like in five years? And is the stock market still the place to be for long-term investors or is Berkshire Hathaway (NYSE:BRK-B) Chairman Warren Buffett's optimism misplaced? In this 30-minute audio interview, I put those questions to best-selling Liar's Poker author Michael Lewis, editor of the new anthology Panic: The Story of Modern Financial Insanity. For the text version of this interview, click here. (Please note: This interview is not downloadable.)


To read the transcript:

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.