Stijn Claessens, M. Ayhan Kose, Luc Laeven, and Fabian Valencia (IMF): Understanding Financial Crises: Causes, Consequences, and Policy Responses. Mathijs A. Van Dijk (Erasmus): The Social Costs of Financial Crises. Marion Fourcade (UC-Berkeley), Philippe Steiner (Sorbonne), and Wolfgang Streeck and Cornelia Woll (Max Planck): Moral Categories in the Financial Crisis. Roger A. Shiner (UBC): Corporations and the Presumption of Innocence. How many rotting apples do hedges hide? High-profile prosecutions only hint at the crime and ethical misbehavior rampant in America’s most rewarding high-finance suites. From Vanity Fair, did Goldman Sachs overstep in criminally charging its ex-programmer? Michael Lewis investigates. Lewis Bassett interviews Brett Scott, author of The Heretic’s Guide to Global Finance: Hacking the Future of Money. Our response to the 2008 financial crisis wasn't great, but it wasn't that bad either. From, Jon Moen reviews History and Financial Crises: Lessons from the 20th Century; and Kris James Mitchener reviews Ben Bernanke’s The Federal Reserve and the Financial Crisis. Greg Palast on the confidential memo at the heart of the global financial crisis. Those who follow developments in the derivatives market, and particularly in its sub-section, the options market, may be aware of the concept of Smirkness. Howard Davies reviews A World without Wall Street? by Francois Morin. Suzanne McGee on why an intern’s death won’t change Wall St. culture.