Majority Report 5/9/13 - Matt Taibbi: Everything is Rigged
Matt Taibbi joins us today to talk the BIGGEST price-fixing scandal ever. Read his latest piece in Rolling Stone, Everything is Rigged. Matt Taibbi : The Bailout WAS The Lie . Rolling Stone Contributing Editor Matt Taibbi and Former Special Inspector General for TARP, Neil Barofsky join Marc to discuss myths about the bailout. Matt Taibbi, is a Rolling Stone Contributing Editor and the author of "Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History." "You can do real time in jail in America for all kinds of ridiculous offenses," Taibbi says. "Here we have a bank that laundered $800 million dollars of drug money and they can't find a way to put anybody in jail for that? That sends an incredible message, not just to the financial sector, but to everybody. It's an obvious, clear double standard where one set of people gets to break the rules as much as they want and another set of people can't break any rules at all without going to jail."
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