Matt Taibbi, the profane, provocative reporter for Rolling Stone, is a larger-than-life figure in modern political journalism. That's both literally true (he's a big guy: he once played for the MBA—that's the Mongolian Basketball Association) and figuratively true: he writes in a scorching, contemptuous style that gives the best of his work a cast of fire-breathing grandeur. Known primarily for blaspheming the Pope, labeling Goldman Sachs a "a great vampire squid wrapped around the face of humanity", and more recently, slinging a mug of hot coffee in the face of a Vanity Fair reporter, Taibbi is clearly a man of outsized emotions. His new book Griftopia: Bubble Machines, Vampire Squids, and the Long Con that Is Breaking America [Spiegel & Grau] is a stinging new history of the financial crisis that heralds a return of Mencken-esque, dirt-under-the-fingernails American journalism. Griftopia delves into the shadowy world of collateralized debt obligations, credit default swaps and sovereign wealth funds, but he navigates the turgid money stuff with soaring sentences like "Greenspan's rise is…a tale of a gerbilish mirror-gazer who flattered and bullshitted his way up the Matterhorn of American power, and then, once he got to the top, feverishly jacked himself off to the attentions of Wall Street for twenty consecutive years." No one is spared. GQ caught up with Taibbi in a dark corner of a downtown Manhattan café to discuss the new book, the Great Recession, the upcoming midterm elections and what lies beyond. MORE...
Friday, October 29, 2010
"It's Morning In Griftopia: A Q+A With Author Matt Taibbi"
Aaron Lake Smith (GQ):