MATT TAIBBI ~ JP Morgan Chase's Crime Spree

Matt Taibbi , explained the myth of JP Morgan Chase as the "one good bank", why too big to fail is the problem, why Washington finally getting fed up with Wall Street, How Wall Street miscalculated the 2012 election, how JP Morgan Chase hides losses and commits regular acts of financial fraud and is genuine Wall Street reform possible now?

Matt Taibbi : Everything is Rigged ~ Majority Report 5/9/13

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."

Matt Taibbi ~ JP Morgan a Good Bank is just an Urban Myth

Matt Taibbi, explained the myth of JP Morgan Chase as the "one good bank", why too big to fail is the problem, why Washington finally getting fed up with Wall Street, How Wall Street miscalculated the 2012 election, how JP Morgan Chase hides losses and commits regular acts of financial fraud and is genuine Wall Street reform possible now?

Matt Taibbi : The Bailout was The Big Lie

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."

Matt Taibbi & William Black on Bailout Secrets & How New Foreclosure Deal Spares Banks From Justice

DemocracyNow.org - Four years after the massive bailout that rescued Wall Street, we look at the state of the financial sector with Rolling Stone's Matt Taibbi and former financial regulator William Black. In a new article for Rolling Stone, Taibbi argues the government did not just bail out Wall Street, but also lied on the financial sector's behalf, calling unhealthy banks healthy and helping banks cover up how much aid they were getting. The government's approach to the banks came under new scrutiny this week after it reached an $8.5 billion settlement for improprieties in the wrongful foreclosures on millions of American homeowners, including flawed paperwork, robo-signing and wrongly modified loans. The settlement will end an independent review of all foreclosures, meaning the banks could be avoiding billions of dollars in further penalties, in addition to criminal prosecution.