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That was stripped away in 2008 when the firm converted to a bank one week after smaller rival Lehman Brothers Holdings Inc.’s bankruptcy and accepted a $10 billion rescue from the Treasury Department -- led at the time by Henry Paulson, Blankfein’s...
Rolling Stone writer Matt Taibbi dubbed the firm “a great vampire squid wrapped around the face of humanity” in a 2009 article. An interview Blankfein granted to London’s Sunday Times that year backfired when the paper splashed his sarcastic quip that...
Everybody on Wall Street is talking about the new piece by New York magazine’s Gabriel Sherman, entitled "The End of Wall Street as They Knew It." When I read things like this I’m simultaneously amazed by two things. bbosker Hello 1950! 'Tell stories...
February 7, 2012, 10:58 am Rolling Stone Publication: by Matt Taibbi So there was big news yesterday on the foreclosure settlement front. We still have to wait and see what the final deal looks like, but there are reports out that the long-awaited...
People want to go someplace for at least five minutes where no one is trying to bleed you or sell you something. It may not be a real model for anything, but it's at least a place where people are free to dream of some other
No matter how many times you ring the bell, those poor animals are never going to figure out how to move that pallet of bananas – yet they keep trying, taking the sorry show from one state to the next, over and over, as if something is going to change.
It is important to note that any recent improvement in terms has come at the cost of Schneiderman moving from being decidedly against the settlement to being in the “maybe/maybe not” camp as an apparent part of his decision to join an Administration...
Matthew C. Taibbi (born 1970) is an American journalist and political writer. He currently works at Rolling Stone where he authors a column called "Road Rage" for the print version, and an additional weekly online-only column called "The Low Post". He is best known for his coverage of the 2004 US presidential election, and for his former... Full Article
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