I can't believe that I didn't read The Black Swan: The Impact of the Highly Improbable sooner. Nassim Nicholas Taleb, the author, had subsequently wrote Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets which I had reviewed a few months ago.
I could say a lot about the book in terms of how very clearly, he discusses the highly improbable events called the Black Swans, and how he intersperses the discussions with humor and great stories. But the bottom line is that the book was written and published in 2007 and he clearly predicted the banking collapse in 2008 (read pages 225 and 226).
If you never got the chance to read The Black Swan, get it as an early holiday gift for yourself and read it during your days off.