Long article to TL;DR
Distill long-form article into 3-sentence TL;DR
See input + output preview
Input
- text
- [3000-word article on the economic causes of the 2008 financial crisis covering subprime mortgages, CDOs, ratings agency conflicts of interest, regulatory failure, and the Lehman collapse...]
- length
- tldr
Output (excerpt)
**TL;DR:** The 2008 crisis was the predictable collision of three failures — banks issuing mortgages they knew would fail because they could resell them; ratings agencies stamping AAA on the resulting securities because the issuers paid them; and regulators with the legal power to stop both who chose not to. Lehman wasn't the cause — it was the moment the music finally stopped…