Tag Archives: Matt Taibbi

High Finance + Heavy Industry = Screw Nearly Everyone

The Vampire Squid Strikes Again: The Mega Banks’ Most Devious Scam Yet | Politics News | Rolling Stone By exploiting loopholes in a dense, decade-and-a-half-old piece of financial legislation, Wall Street has effected a revolutionary change that American citizens never … Continue reading

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Tell ‘em, Taibbi!! Sorkin sucks.

Hey, MSM: All Journalism is Advocacy Journalism | Matt Taibbi | Rolling Stone So New York Times Dealbook writer Andrew Ross Sorkin has apologized to journalist Glenn Greenwald for saying he’d “almost arrest” him, for his supposed aid and comfort … Continue reading

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Taibbi tells it like it is about sly high finance. Again. Ignore him at your peril.

Matt Taibbi’s Blockbuster Cover Story Exposes Key Culprits in Financial Crash | Alternet “Lord help our fucking scam,” one e-mail from an S&P executive reads. “This has to be the stupidest place I have worked at.” via Matt Taibbi's Blockbuster … Continue reading

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Mitt Romney Wins All-Important BS Contest | Matt Taibbi | Rolling Stone

Romney’s performance was better than Obama’s, but only if you throw out criteria like “wasn’t 100% full of shit from the opening bell” and “made an actual attempt to explain who he is and what his plans are.” Unfortunately, that … Continue reading

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The Scam Wall Street Learned From the Mafia | Politics News | Rolling Stone

“The men and women who run these corrupt banks and brokerages genuinely believe that their relentless lying and cheating, and even their anti-competitive cartel­style scheming, are all legitimate market processes that lead to legitimate price discovery. In this lunatic worldview, … Continue reading

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SEC: Prefers Whaling on Little Guys – Matt Taibbi, Rolling Stone

” … notoriously, the SEC stood by and did nothing even after the FBI publicly warned that the incidence of so-called “liar’s loans” – mortgage applications in which income levels and other information were not verified – was “epidemic” and … Continue reading

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