“lenders to trade their long-term income streams for short-term cash. Say” — Matt Taibbi Copy Share Image
Ratings agencies are the glue that ostensibly holds the entire financial industry together. — Matt Taibbi Copy Share Image
The individual incentive not to commit crime on Wall Street now is almost zero. — Matt Taibbi Copy Share Image
Within the cult of Wall Street that forged Mitt Romney, making money justifies any behavior, no matter how venal. — Matt Taibbi Copy Share Image
An unregulated derivatives market essentially gives Wall Street a way to place hidden taxes on everything in the world. — Matt Taibbi Copy Share Image
At least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward… — Matt Taibbi Copy Share Image
If anything, the bailouts actually hindered lending, as banks became more like house pets that grow fat and lazy on two guaranteed… — Matt Taibbi Copy Share Image
By incentivizing Wall Street players to sniff out inefficient or corrupt companies and bet against them, short-selling acts as a sort of… — Matt Taibbi Copy Share Image
It's not a stretch to say the whole financial industry revolves around the compass point of the absolutely safe AAA rating. But… — Matt Taibbi Copy Share Image
Private equity firms aren't necessarily evil by definition. There are many stories of successful turnarounds fueled by private equity, often involving multiple… — Matt Taibbi Copy Share Image
The only reason investors haven't run screaming from an obviously corrupt financial marketplace is because the government has gone to such extraordinary… — Matt Taibbi Copy Share Image
Wall Street has turned the economy into a giant asset-stripping scheme, one whose purpose is to suck the last bits of meat… — Matt Taibbi Copy Share Image
What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent… — Matt Taibbi Copy Share Image
“It’s become a cliché by now, but since 2008, no high-ranking executive from any financial institution has gone to jail, not one,… — Matt Taibbi Copy Share Image
“People aren't pissed just to be pissed. They're mad because a tiny group of crooks on Wall Street built themselves beach houses… — Matt Taibbi Copy Share Image
Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of… — Matt Taibbi Copy Share Image
'Nobody goes to jail.' This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company… — Matt Taibbi Copy Share Image
In the old days, when you took out a mortgage, it was probably through a local bank or a credit union, and… — Matt Taibbi Copy Share Image
“The sudden introduction of these magic mortgage bonds into the marketplace pushed most every major institutional investor in the world to suddenly… — Matt Taibbi Copy Share Image
“What this means is that the entire business model for something like Chase’s credit card business is not much more than a… — Matt Taibbi Copy Share Image
“The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a… — Matt Taibbi Copy Share Image
The Congressional Record will forever show that [Obamacare] was passed in a romper room of overgrown children seemingly barely old enough to keep from… — Matt Taibbi Copy Share
Sniper is a movie whose politics are so ludicrous and idiotic that under normal circumstances it would be beneath criticism. The only thing that… — Matt Taibbi Copy Share
I get the cynicism thing all the time, although I don't really know where that comes from, because I think I'm actually the opposite… — Matt Taibbi Copy Share
It's really interesting that we've had this great Tea Party movement that is all about restoring free market capitalist values, but what they completely… — Matt Taibbi Copy Share
To be robbed and betrayed by a fiendish underground conspiracy, or by the earthly agents of Satan, is at least a romantic sort of… — Matt Taibbi Copy Share
'Nobody goes to jail.' This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall… — Matt Taibbi Copy Share
The basic scam in the Internet age is pretty easy even for the financially illiterate to grasp. It was as if banks like Goldman… — Matt Taibbi Copy Share
For the broadcast business to be successful, viewers need to be not merely interested in our political melodramas, they have to be in an… — Matt Taibbi Copy Share
It's not a stretch to say the whole financial industry revolves around the compass point of the absolutely safe AAA rating. But the financial… — Matt Taibbi Copy Share
You know what an effective deterrent to crime is? Jail! And do you know what kind of criminal penalty actually makes people think twice… — Matt Taibbi Copy Share
Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an… — Matt Taibbi Copy Share
Like wars, forest fires and bad marriages, really stupid laws are much easier to begin than they are to end. — Matt Taibbi Copy Share
You can have somebody living next door to you and you can live in a completely different world from that person, which is definitely… — Matt Taibbi Copy Share
George Bush and John Ashcroft were religious in a scary way, but the rational among us could always take heart that, deep down, the… — Matt Taibbi Copy Share
“People aren't pissed just to be pissed. They're mad because a tiny group of crooks on Wall Street built themselves beach houses in the… — Matt Taibbi Copy Share
