HOME Eclectic	Matt Taibbi is back at it Matt Taibbi, already quite well-known for lambasting Wall Street and Goldman Sachs in particular, is back with vengeance in another article focused on the same industry and pretty much similar issues as in his previous exposures of Wall Street's con game.  Will he ever get tired? Probably not as there is always a lot to be said about the shenanigans of major Wall Street players. While he may not always be right about everything, he is certainly right about many things and he has been for a longer while. And that really is a problem for that means that things have yet to change. They remain as bad as they were before the Great Recession. While the investment firms are enjoying the profits and bonuses as big as before the recent recession, if not greater, the average Joe Schmoe is likely to be looking for a new job or barely surviving on an old one. Small businesses still cannot get loans from the very same banks they saved with their taxes and without their sound financial prospects, the healthy recovery is far from sure.  So where is this trickle-down effect that saving "too big to fail" with taxpayers money was expected to generate? I don't see one. And I would not hold my breath because it's not coming any time soon. The years without good jobs is what many on Main Street are facing now, while the Wall Street firms, guilty as hell of this situation, keep rewarding themselves with big bonuses. Now, here's the latest Matt's fine piece of work. I like his "rich" language that spares the reader no F-words. And I love his style that pulls no punches. He can be fun to read. Enjoy it.
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