The Coming Meltdown Was Common Knowledge Among the Perps

Robert Lenzner: You Can't Trust the Wise Men of Finance: "A small band of investment banks, led by Goldman Sachs, Morgan Stanley and Barclays created in 2006 their own private index, the ABX, to enable them to hedge their positions in derivatives, and to make billions by selling short these dangerous securities they had created. They understood quite succinctly they would be faced by a meltdown, a "perfect storm," a "Long-Tail.""

'via Blog this'

Bob says it all in his title of this salient HuffPo piece -

Charles Sanders Peirce - Thinking in Threes