Let's find as many suckers as we can as fast as we can, because we'll only make more money as more and more shit hits the fan.
The People vs. Goldman Sachs. Matt Taibbi's latest magnum opus (previous coverage) lays out the full case for federal prosecutions against the Vampire Squid according to Sen. Carl Levin's Senate Subcommittee on Investigations. [Wall Street and the Financial Crisis: Anatomy of a Financial Collapse 650 page pdf].
Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs? The Real Housewives of Wall Street (via) [more inside]
I’d like to see at least one firm get blown out of business as a consequence of financially supporting the network that is telling America that its black president wants to kill white babies. Matt Taibbi takes on the Fox Network's systematic racial demonization and the Tea Party phenomenon.
Matt Taibbi takes a look at the health care reform circus in Congress. It doesn't come off looking much better than Goldman Sachs. (more inside) [more inside]
Most Americans don't know their left wingers from their right wingers. And no, its not about hockey or chicken parts.