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Posts Tagged ‘Matt Taibbi’

Matt Taibbi – Why Isn’t Wall Street in Jail?

February 25, 2011 Leave a comment

Countdown Keith Olbermann Wall Street protects profits with secret committee

December 14, 2010 Leave a comment

Matt Taibbi Talks About How John Boehner Wants To Axe Office Of Congressional Ethics

November 19, 2010 Leave a comment

Matt Taibbi – Griftopia

October 18, 2010 Leave a comment

From Rolling Stone:

Exclusive Excerpt: America on Sale, From Matt Taibbi’s ‘Griftopia’

Our cash-strapped country is auctioning off its highways, ports and even parking meters, finding eager buyers in the Middle East

By Matt Taibbi

Oct 18, 2010 1:30 PM EDT

Matt Taibbi’s unsparing and authoritative reporting on the financial crisis has produced a series of memorable Rolling Stone features. He showed us how Goldman Sachs, that “great vampire squid”, played a central role in creating not only the housing bubble but four other big speculative booms that filled its coffers while wrecking the American economy. He explained how Wall Street banks cooked up schemes that helped decimate municipal budgets and cost countless jobs, and how Wall Street lobbying led to a financial reform bill that won’t prevent another meltdown. Taibbi builds on that eye-opening work in his new book, Griftopia: Bubble Machines, Vampire Squids, and the Long Con That is Breaking America , due out from Spiegel & Grau on November 2. In this exclusive excerpt, he describes how our cash-strapped country is auctioning off its highways, ports and even parking meters at fire sale prices — and finding eager buyers in the unregulated sovereign wealth funds of oil-rich Middle Eastern countries.

In the summer of 2009 I got a call from an acquaintance…

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Matt Taibbi – Tea & Crackers

September 30, 2010 Leave a comment

From Rolling Stone:

Tea & Crackers

How corporate interests and Republican insiders built the Tea Party monster


Illustration by Victor Juhasz

By Matt Taibbi
Sep 28, 2010 7:01 AM EDT

This is an article from the October 15, 2010 issue of Rolling Stone.

It’s taken three trips to Kentucky, but I’m finally getting my Tea Party epiphany exactly where you’d expect: at a Sarah Palin rally. The red-hot mama of American exceptionalism has flown in to speak at something called the National Quartet Convention in Louisville, a gospel-music hoedown in a giant convention center filled with thousands of elderly white Southerners. Palin — who earlier this morning held a closed-door fundraiser for Rand Paul, the Tea Party champion running for the U.S. Senate — is railing against a GOP establishment that has just seen Tea Partiers oust entrenched Republican hacks in Delaware and New York. The dingbat revolution, it seems, is nigh.

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Matt Taibbi – Billionaire Bailout Recipient to America: “Suck It In and Cope, Buddy”

September 26, 2010 Leave a comment

From Matt Taibbi:

Billionaire Bailout Recipient to America: “Suck It In and Cope, Buddy”

Readers, I am in the middle of a deadline and therefore half-insane, but this just had to be passed along without delay. Check out billionaire vice-chair of Warren Buffet’s Berkshire Hathaway, Charles Munger, telling people in economic distress that they must “suck it in and cope” and that they should “thank God” for bank bailouts. A little background here: Buffet and B-H made a $5 billion equity investment in Goldman Sachs at the height of the financial crisis. If Goldman doesn’t get $13 billion via the AIG bailout, that investment vanishes. If Goldman doesn’t get handed a federal bank charter …

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