Wednesday, October 19, 2011

Here's to Matt Taibbi

Taibbi - the best financial observer and writer for my money, and at Rolling Stone no less - has a great piece on bank bailouts on October 5.


"If the Obama administration was serious about helping actual human beings through this settlement, then it would be fighting for homeowners to get the same bailout the banks would get. If the banks are getting a trillion or more dollars of legal immunity, why shouldn’t homeowners get that much debt forgiveness? Or, half that much? A quarter?"


Check out the entire story at Taibblog: http://www.rollingstone.com/politics/blogs/taibblog/attorneys-general-settlement-the-next-big-bank-bailout-20111005





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