Sentence:  Memorably referred to by Warren Buffet in early 2008 as the 'poetic justice' of 'toxic <WSD>Kool-Aid</WSD>' (Dabrowski 2008), the specific issue addressed by these initiatives was the value, valuation, and circulation of assets related to and derived from US sub-prime mortgages. 
Meaning of the word marked with <WSD> tags:  A fad or ideology that is adopted unquestioningly, ignoring its hidden dangers or disadvantages.