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Matt Taibbi: The banksters are about to make another big killing, once again at our enormous expense

By   Follow Me on Twitter     Message Richard Clark       (Page 1 of 17 pages)     Permalink    (# of views)   5 comments

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According to Matt Taibbi, Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy -- they're up to their necks in the same kind of high-risk gambling as before and are by that means re-creating the conditions for another crash.

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What follows here is an abridgement of Matt's recent and rather lengthy new Rolling Stone article, which can be downloaded in its entirety at either of the following two sites:

http://www.rollingstone.com/politics/story/32255149/wall_streets_bailout_hustle

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http://www.zerohedge.com/article/taibbi-goldman-raped-taxpayer-and-raped-their-clients

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Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)
 

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