Rolling Stone contributing editor Matt Taibbi appeared on Current TV’s Countdown with Keith Olbermann to discuss the “Occupy Wall Street” protests. “The movement is growing organically,” Taibbi says, “because people know there’s something to protest now.” He adds that Occupy Wall Street could spur reformers and legislators to act because “the public won’t take it anymore.”
(via Rolling Stone)
Is the SEC covering up for Wall Street’s crimes?
That’s what Matt Taibbi explores in the latest issue of Rolling Stone. In a shocking expose, Taibbi writes of one whistle-blower who claims that over the past 20 years the Securities and Exchange Commission has knowingly destroyed documents from thousands of investigations. These actions, Taibbi writes, essentially wiped the slate clean for some of America’s worst financial crooks.
Taibbi adds, “We’ll never know exactly who got away with what, because federal regulators have weighted down a huge sack of Wall Street’s dirty laundry and dumped it in a lake, never to be seen again.”
Read the entire piece on RollingStone.com.
As in : IMPORTANT.
“I mean, he could’ve taken Joe Lieberman back there and said, look, if Connecticut ever wants a dime of highway money again, you’re going to have to play ball on this thing. That’s what the president does. I mean, the president has an enormous amount of power. The leaders, the majority leaders have an enormous amount of power. And if they want to pass something, they can do it. And especially when there’s a tremendous public mandate to get something like this passed. I just- the idea that they couldn’t do this was- is a fallacy.”
Rolling Stone journalist Matt Taibbi - Friday appearance on Bill Moyers Journal
Amidst fading hopes for real reform on issues ranging from high finance to health care, economist Robert Kuttner and journalist Matt Taibbi join Bill Moyers to discuss Wall Street’s power over the federal government.
Rolling Stone’s Matt Taibbi walks through Barack Obama’s banking sellout, beginning with the president’s transition team. According to Taibbi, Obama’s transformation from populist to Wall Street’s best friend started on day one.