I heard it was just a bunch of BS about how we need more regulations because the ones that got us into that mess weren't enough and capitalism is based on greed, blah, blah. Is that an accurate description?
Pretty much. I turned it off part of the way through because it was irritating me. The premise I got from it was that the economic crises was caused by deregulation of the banks (they used Iceland as the beginning example). Deregulation of the banks, is of course, equivalent to free market policies,
therefore, free markets and capitalism are bad and more government oversight is needed. I should probably finish the rest of it to be fair, but I don't really want to waste my time.
government sponsored oligarchies != the free market