Tag Archives: RollingStone

RollingStone – Matt Taibbi – Forbes Calls Goldman CEO Holier Than Mother Teresa – 22 September 2013

154px-Matt_TaibbiI got a lot of letters from folks this week about an online column for Forbes written by a self-proclaimed Ayn Rand devotee named Harry Binswanger (if that’s a nom de plume, it’s not bad, although I might have gone for “Harry Kingbanger” or “Harry Wandwanker”). The piece had the entertainingly provocative title, “Give Back? Yes, It’s Time for the 99% to Give Back to the 1%” and contained a number of innovatively slavish proposals to aid the beleaguered and misunderstood rich, including a not-kidding-at-all plan to exempt anyone who makes over a million dollars from income taxes.

Read the whole story at : www.rollingstone.com / link to original article

RollingStone – Matt Taibbi – DOJ Compounds Stat Screwup by Whitewashing Old Eric Holder Speech – 17 August 2013

154px-Matt_TaibbiCourtesy of old friend Paul Thacker, former Hill staffer and currently a fellow at Harvard’s Edmond J. Safra Center for Ethics, here’s an interesting addendum to Bloomberg’s highly embarrassing Eric-Holder-Caught-Juking-the-Stats story that came out this Sunday.

It turns out that Barack Obama’s Justice Department, in the person of Attorney General Holder, didn’t just grossly overstate the success of its Mortgage Fraud Task Force. In what at best is a bonehead mistake, the Department channeled 1984 and whitewashed a web page, re-transcribing an old speech of Holder’s to better reflect the “updated” version of the mortgage facts.

RollingStone – Matt Taibbi – Why Didn’t The SEC Catch Madoff? It Might Have Been Policy Not To – 1 June 2013

Bernie Madoff

Bernie Madoff

Hiroko Masuike/Getty Images

More and more embarrassing stories of keep leaking out the SEC, which is beginning to look somehow worse than corrupt – it’s hard to find the right language exactly, but “aggressively clueless” comes pretty close to summing up the atmosphere that seems to be ruling the country’s top financial gendarmes.   Continue reading