Matt Taibbi is the man. I don't care about his politics, but whenever he puts pen to paper about the financial industry I can't stop reading. Here is his latest piece revisiting the bailout from four years
ago and what a crappy deal it actually turned out to be:
http://www.rollingstone.com/politics/news/secret-and-lies-of-the-bailout-20130104
I read this stuff and I imagine myself punching Jamie Dimon et al in the face over and over. I'm not a violent person by nature, I swear. I suppose that's the reaction Mr. Taibbi wants me to have but he's right. We should be outraged about this stuff.
So I've made a promise to myself. From now on, I treat everything as a lie. Tim Geithner (or his successor) testifies before Congress? Lies. Brian Moynihan gives updates on a quarterly conference call? He's lying. Lloyd Blankfein tweets what he had for breakfast that morning? That shiny-domed asshole is full of it.
Never again do I even consider the possibility that whatever comes out of their mouths even slightly resembles the truth. And I won't keep it a secret either. My clients will know exactly how I feel and I'll advise them to do the same.
We're letting these guys get away with the same stuff they did before. It's our own fault for letting them by believing the nonsense they spew on a daily basis.
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