Matt Taibbi

For the final installment of our election series The Big Picture, contributing editor for Rolling Stone Matt Taibbi and New Yorker staff writer Jill Lepore discuss the results of Election Day—what happened at the polls, who won and who lost, and the state of the country. Taibbi’s new book Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America, unravels the story of financial crisis. Lepore’s new book The Whites of Their Eyes: The Tea Party's Revolution and the Battle over American History looks at American history according to the far right.

Contributing editor at Rolling Stone Magazine, Matt Taibbi weighs in on whether the punishment for Goldman Sachs is adequate. The financial giant mislead subprime mortgage investors as the housing market began to collapse. The settlement seems significant, however, it's not that much money for Goldman and, pending approval by a federal judge, the settlement will clear the company of the charges. 

However the question remains: If no one is personally held accountable, will fraudulent business practices ever cease to exist?  Matt Taibbi says that part of the problem is that "when these things happen, the leadership isn't prosecuted, no one goes to jail."

Goldman Sachs posted records profits in the second quarter of this year. Matt Taibbi, political reporter for Rolling Stone argues in "The Great American Bubble Machine" that the investment bank has been involved in every major market shift going back to the Great Depression.

While much of America remains mired in a recession, Goldman Sachs is booming. The investment bank just paid back the $10 billion loan it took from the federal government last year and...

Matt Taibbi, reporter for Rolling Stone, on why he thinks Wall Street is using the bailout as a power play to stage a revolution. March Economy Madness: Your Bad-Guy Bracket
In his article, Taibbi highlights his Wall Street dirty dozen. Who would you put in your ...

Two Hofstra University seniors join us to discuss tonight's debates: Sidhartha "Sid" Nathan is a member of debate club on campus, a founder of POISE free-speech society, and is a supporter of Barack Obama. Drew Bennett is a political science major, current president of POISE free-speech group, technically an ...

Rolling Stone’s Matt Taibbi says that America is a nation on the verge of a nervous breakdown. He traveled across the country in the post-9/11 era and wrote about what he found in The Great Derangement: A Terrifying True Story of War, Politics, and Religion at the Twilight of ...