Question: Comment on lessons learned for managers from the video below.

Small Town, Big Debt, NY Times Video and the Underlying Article: Firm Acted at Tutors s it sold risky deals to town.

by Don Van Natta, April 7, 2009

Click this link for the video (excuse the commercial; the price of entry) about a small town getting into financial hot water by following the advice of derivatives marketers.http://video.nytimes.com/video/2009/04/07/us/1194839165465/small-town-big-debt.html

Click this link if you want to read the underlying article behind the video: Firm Acted as Tutor as It Sold Risky Deals to Towns by Don Van Natta, April 7, 2009

http://www.nytimes.com/2009/04/08/us/08bond.html