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.)

Mac Greer doesn't own any of the stocks discussed. Berkshire Hathaway is a Motley Fool Inside Value selection and a Stock Advisor selection. The Fool owns shares of Berkshire Hathaway. The Motley Fool is investors writing for investors.