Wednesday, May 18, 2011

Matt Taibbi: "The People vs. Goldman Sachs" @ Rolling Stone

Many petit bourgeois intellectuals consider Taibbi a sop for using coarse language, others including myself consider him a "national treasure." Read on ...

[Excerpt]
Thanks to an extraordinary investigative effort by a Senate subcommittee that unilaterally decided to take up the burden the criminal justice system has repeatedly refused to shoulder, we now know exactly what Goldman Sachs executives like Lloyd Blankfein and Daniel Sparks lied about. We know exactly how they and other top Goldman executives, including David Viniar and Thomas Montag, defrauded their clients. America has been waiting for a case to bring against Wall Street. Here it is, and the evidence has been gift-wrapped and left at the doorstep of federal prosecutors, evidence that doesn't leave much doubt: Goldman Sachs should stand trial. ...
Get more at the Rolling Stone.

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