Matt Taibbi

Occupy The Dept Of Justice

by on May 20, 2013

BKuz-N_CcAIQcwy.jpg_large Victims of illegal foreclosures and other outraged citizens have taken their protest to the doors of the US Department of Justice today, armed with furniture as well as banners, anger and wit.

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Barricades coming down, couches coming in, banks stole our homes, so we’re moving in.

For color commentary, with photos, follow Alexis Goldstein on Twitter (it might not make the TV news), or check out her story-fication of
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Taibbi On Romney

by on August 30, 2012

Greed and Debt: The True Story of Mitt Romney and Bain Capital

The unlikeliness of Romney’s gambit isn’t simply a reflection of his own artlessly unapologetic mindset – it stands as an emblem for the resiliency of the entire sociopathic Wall Street set he represents. Four years ago, the Mitt Romneys of the world nearly destroyed the global economy with their greed, shortsightedness and – most notably – wildly irresponsible


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(Web Radio) Matt Taibbi, LIBOR: Worldwide Rate Rigging

by on July 5, 2012

Matt Taibbi of Rolling Stone on LIBOR banking scandal as Barclays implicates British Government and scale of cartel style, market manipulation by players worldwide is unveiled.

Listen to Taibbi with Sam Seder on today’s Majority Report.…
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‘The Largest Rates-Rigging Scandal In History’

by on July 4, 2012

This is cartel-style corruption

LIBOR Banking Scandal Deepens; Barclays Releases Damning Email, Implicates British Government

Former Barclays CEO Bob Diamond is testifying before parliament in London today, and that’s sure to bring some shocking moments. But there’s already been one huge stunner. In advance of that testimony, Barclays released an email from October 29, 2008, written by Diamond to then-Chairman John Varley and COO Jerry del Messier (who also stepped


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Taibbi And Smith On Moyers

by on June 23, 2012

How Big Banks Victimize Our Democracy

Vampire-squid hunter Matt Taibbi joins Yves Smith of Naked Capitalism on Moyers & Company to discuss the ongoing crisis in the financial sector in the context of the oleaginous spectacle of CEO of JP Morgan Chase, Jamie Dimon’s appearance before the House Financial Services Committee a panel of fawning lickspittle congressmen.

Moyers & Company Show 124: How Big Banks Victimize Our Democracy from BillMoyers.com
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Bank Of America: “Too Corrupt To Survive”

by on March 22, 2012

At least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of the state whose limitless fraud and criminal conspiracies we’ll all be paying for until the end of time.


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Taibbi Teach-In ~ ABC’s Of The Mortgage Scam

by on March 10, 2012

Before a hardy, sodden crowd of Occupiers, Matt Taibbi lays out the basics of the mortgage scams that led to the crash of ’08, with particular attention to Lord Zelig of the Zombie banks, Bank of America.

Bank of America is not just a private company that systematically steals from American citizens: it’s a de facto ward of the state that depends heavily upon public support to stay in business.


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P.S. Chatterbox, Nov. 13, 2011

by on November 13, 2011

The P.S. Chatterbox is a weekend news feed of recommended readings and viewings.

Know-nothings, no-nothing-to-see-here-s, and nuclear power

Visit msnbc.com for breaking news, world news, and news about the economy

Three Mile Island, Chernobyl, and Fukushima

Chasing Fukushima’s fallout

Panetta spares no cliché in defense of defense budget

Defense Secretary Leon Panetta has been steadily escalating his warnings about the impact of the deep cuts facing the Pentagon


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It’s The Grift, Stupid

by on October 25, 2011

The pugnacious Matt Taibbi lays out Will Cain and then lays out the case against Wall Street in easy-to-follow, paint-by-numbers fashion:

1. Free money

…the banks borrow billions at zero and lend mortgages to us at four percent, or credit cards at twenty or twenty-five percent…

…Your average chimpanzee couldn’t fuck up that business plan, which makes it all the more incredible that most of the too-big-to-fail banks are nonetheless


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P.S. Chatterbox 08-10-11

by on October 8, 2011

The P.S. Chatterbox is a weekend news feed of recommended readings and viewings.

Obama: A disaster for civil liberties

While many are reluctant to admit it, Obama has proved a disaster not just for specific civil liberties but the civil liberties cause in the United States…

…President Obama not only retained the controversial Bush policies, he expanded on them. The earliest, and most startling, move came quickly. Soon after his


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UBS, Rogue Trading, And Matt Taibbi’s Ass

by on September 16, 2011

UBS’s admission that a trader has run up losses of $2 billion, from what the bank described as unauthorized trades, couldn’t come at a worse time for the bank or the industry. The Swiss banking giant has been struggling to rebuild trust after running up vast losses in the original financial crisis… …UBS isn’t yet saying how the money was lost, although police in London arrested a man [31-year-old Kweku


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End of the Kabuki Debt Ceiling Play, For Now

by on August 1, 2011

So, the curtain has gone down on the latest Beltway Kabuki drama and pretty much the actors all played their part and the neo-Hooverism was imposed, to general satisfaction.  Matt Taibbi, as usual, completely understands the grift.  The Establishment corporate party, made up of both Democrats and Republicans, under the able stewardship of Boss McConnell got exactly what it wanted–massive cuts in Federal spending, especially in social welfare provisioning, …
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