Illustration by Victor Juhasz By Matt Taibbi February 14, 2013 8:00 AM ET The deal was announced quietly, just before the holidays, almost like the government was hoping people were too busy hanging stockings by the fireplace to notice. Flooring politicians, lawyers and investigators all over the world,
How the GOP presidential candidate and his private equity firm staged an epic wealth grab, destroyed jobs – and stuck others with the bill By Matt Taibbi August 29, 2012 7:00 AM ET Illustration by Robert Grossman The great criticism of Mitt Romney, from both sides of the aisle, has always been that he doesn’t stand for anything. He’s a flip-flopper, [...]
How America’s biggest banks took part in a nationwide bid-rigging conspiracy – until they were caught on tape June 21, 2012 By Matt Taibbi Illustration by Victor Juhasz Someday, it will go down in history as the first trial of the modern American mafia. Of course, you won’t hear the recent financial corruption case, United States of America v. Carollo, [...]
In case you missed Taibbi’s report, here it is Is the SEC Covering Up Wall Street Crimes? A whistle-blower claims that over the past two decades, the agency has destroyed records of thousands of investigations, whitewashing the files of some of the nation’s worst financial criminals. More interviews available at DemocracyNow!
First, read this expose by Matt Taibbi of Rolling Stone wrote earlier this week about how regulators at the SEC destroyed thousands of records thereby impeding investigations into these obvious crimes – Is the SEC Covering Up Wall Street Crimes? A whistleblower claims that over the past two decades, the agency has destroyed records of thousands of investigations, whitewashing the [...]
The People vs. Goldman Sachs A Senate committee has laid out the evidence. Now the Justice Department should bring criminal charges By Matt Taibbi May 11, 2011 9:30 AM ET They weren’t murderers or anything; they had merely stolen more money than most people can rationally conceive of, from their own customers, in a few blinks of an eye. But then [...]
The Real Housewives of Wall Street Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs? By Matt Taibbi April 12, 2011 9:55 AM ET America has two national budgets, one official, one unofficial. The official budget is public record and hotly debated: Money comes in as taxes and goes out [...]
by Paul Craig Roberts This essay is about three recent books that explain how we lost our economy, the Constitution and our civil liberties, and how peace lost out to war. Matt Taibbi is the best — certainly the most entertaining — financial/political reporter in the country. There is no better book than Griftopia (2010) to which to turn to [...]
Rolling Stone – “Why isn’t Wall Street in Jail?” by Matt Taibbi February 16, 2011 9:00 AM ET Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer. “Everything’s fucked up, and nobody goes to jail,” he said. “That’s your whole story right there. [...]
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