Financial Innovation: Partnoy might explore the rise of complex financial instruments, such as derivatives and structured products, and their impact on the financial industry and markets.

Risk and Complexity: Discussing how financial innovation led to increased complexity and interconnectedness, potentially masking underlying risks in the financial system.

Regulatory Failures: Examining regulatory oversights or failures that allowed the proliferation of risky financial instruments and practices contributing to the crisis.

Moral Hazard: Addressing the concept of moral hazard, where certain financial institutions or actors might take excessive risks due to expectations of being bailed out.

Credit Rating Agencies: Analyzing the role of credit rating agencies and their contribution to the financial crisis by providing overly optimistic assessments of risky financial products.

Market Excesses and Behavior: Exploring the speculative behavior, irrational exuberance, and excessive risk-taking prevalent in financial markets prior to the crisis.

Systemic Risk: Discussing the implications of interconnectedness within the financial system and how the failure of one institution or market segment can lead to systemic crises.

Financial Industry Culture: Critiquing the culture within the financial industry that prioritized short-term gains over long-term stability and ethical considerations.

Lessons Learned: Highlighting lessons learned from the crisis and the need for regulatory reforms, risk management enhancements, and ethical considerations within finance.

Market Transparency and Accountability: Discussing the importance of transparency, accountability, and improved risk disclosure in financial markets to prevent future crises.