Tuesday, February 22, 2011

Matt Taibbi: "Why Isn’t Wall Street in Jail?" (video)

Democracy Now! with video (10:33):
"Nobody goes to jail,” writes Matt Taibbi in the new issue of Rolling Stone magazine. “This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world’s wealth." Taibbi explains how the American people have been defrauded by Wall Street investors and how the financial crisis is connected to the situations in states such as Wisconsin and Ohio.

"President Barack Obama holds a copy of 'Griftopia' during a meeting in the Oval office with the American Booksellers Association January 20, 2011."

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