'Prop trading' is just a fancy term for banks gambling in the market for their own profit. — Matt Taibbi Copy Share Image
The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel… — 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
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
In a pure capitalist system, an institution as moronic and corrupt as Bank of America would be swiftly punished by the market… — Matt Taibbi Copy Share Image
Democracy doesn't require a whole lot of work of its citizens, but it requires some: It requires taking a good look outside… — 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
Greenspan's eventual explanation for the growing gap between stock prices and actual productivity was that, fortuitously, the laws of nature had changed… — Matt Taibbi Copy Share Image
“What Greenspan was saying, in other words, was that there was absolutely nothing wrong with bidding up to $100 million in share… — Matt Taibbi Copy Share Image
“To use an example frequently offered by Masters, imagine if someone continually showed up at car dealerships and asked to buy $500,000… — 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