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Perry RahbarContributorPerry Rahbar is the CEO of dv01. From my desk at聽Bear Stearns,聽where I d traded mortgage-backed securities for years, I watched as the financial and housing markets crashed in 2008.聽A few months later, there was no Bear, and my new desk was at J.P. Morgan.It s easy to think the crisis聽was聽a result of Wall Street got drunk, as George W. Bush admitted. But I saw a different cause: the financial sector s failure to keep up with innovation.What really happened in 2008 In short, innovation without checks and balances.If you ve seen聽The Big Short, you know some of what led to the collapse was the rise
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