In 2005, virtually everyone in the financial services industry was living high on the hog. Despite the losses that occurred in the wake of the 9/11 attacks, the economy rebounded strongly in the time since that fateful day in 2001. Money rolled in as if it were on a perpetual upward spiral, a nonstop gravy train that most insiders thought would never end. People in the business partied like there was no tomorrow, celebrating the good fortune that was now being looked on as unending and matter of fact.