Yeah, I can't remember the exact numbers being thrown around at the time, but it was in the many trillions of dollars of derivatives that had been created. If you replace the word "derivatives" with "bets", you get a better understanding of how far astray Wall Street has led us. The fact that these "bets" jeopardized the health and wellbeing of millions of people around the globe is direct evidence that regulators and central bankers were either inept, corrupt, or both.