10.21.2009

Greed is God

Rolling Stone's Matt Taibbi takes down Wall Street yet again with an entertaining and easy-to-understand explanation of what when wrong.

A shorter version: a group of borderline sociopaths exploited weak regulations to ensure that the playing field is so tilted that your average mom-and-pop investor never stood a chance.

And when they ran out of innocent victims this pack of jackals began to eat each other last fall, with the unintended consequence of consuming all our pension plans.

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