Another absolute must-read from Matt Taibbi: $23.7 trillion Wall Street bailout
Nothing whips up my populist outrage more effectively than a new Matt Taibbi article!
His entire article is great, so I won’t even try to cut-and-paste highlights. But this sentence summarizes his key point:
An economic team made up exclusively of callous millionaire-assholes has absolutely zero interest in reforming the gamed system that made them rich.
Oh, wait. Here’s a highlight:
Neil Barofsky, the inspector general charged with overseeing TARP, estimates that the total cost of the Wall Street bailouts could eventually reach $23.7 trillion.
Posted by James on Friday, December 11, 2009