BIG TAKEOVER MATT TAIBBI PDF

Links Transcript This is a rush transcript. Copy may not be in its final form. This is Treasury Secretary Geithner. We need to extend those protections and authorities to cover the risks posed by our more diverse and complicated financial system today, and we are proposing legislation to provide those tools and look forward to working with this committee and the Congress to pass such legislation as quickly as possible.

Author:Tomi Faerisar
Country:Czech Republic
Language:English (Spanish)
Genre:Photos
Published (Last):17 December 2018
Pages:452
PDF File Size:9.85 Mb
ePub File Size:10.38 Mb
ISBN:603-4-99832-818-3
Downloads:60011
Price:Free* [*Free Regsitration Required]
Uploader:Dazilkree



Faele What do you mean, they made this mtat We can basically do whatever we want. The British Empire probably peaked in relative power around and found it increasing expensive to maintain power afterwards due to the rise of France, Germany, Russia and the United States.

In our case, we are seeing a rapid decline in our relative power. Many view the massive losses at AIG as the result of corporate greed combined with lax government oversight and regulation. Some of the work s that this program incorporates, however, may be separately licensed. He was allowed to stay on at a salary of a million dollars a month. Please attribute legal copies of this work to democracynow.

Non-commercial news needs your support We rely on contributions from our viewers and listeners to do our work. AIG was a company that had overemployees. But mat you look at it in purely Machiavellian terms, what you see is a colossal power grab that threatens to turn the federal government into a kind of giant Enron — a huge, impenetrable black box filled with self-dealing insiders whose scheme is the securing of individual profits at the expense of an ocean of unwitting involuntary shareholders, previously known as taxpayers.

Watch Full Show Next Story. You know, in the instance of the Gramm-Leach-Bliley Act, that was sponsored by Phil Gramm and by the Republicans, but it was very, very enthusiastically supported by Robert Rubin and Larry Summers, and it was signed into law by Bill Clinton and passed with the support of all those very powerful Democratic senators.

This is viewer supported news. Yes, serious journalism can be found in Rolling Stone. Bush destroyed the Republican Party. Please do your part. I really can not take what Matt Taibbi writes too seriously. What does that mean? Mar 26, at 9: And they had to do that, because they were afraid that they were going to be regulated by, you know, state gaming agencies.

The only people who understood these CDSs and these derivative instruments was the people who were actually writing these contracts. The Obama administration and the Federal Reserve urged Congress yesterday to give the tajeover government unprecedented new powers to seize control of troubled financial firms beyond banks deemed too big to takepver. If you visit us daily or weekly takeoevr even just once a month, now is a great time to make your monthly contribution.

Matt Taibbi is contributing editor for Rolling Stone. We need to extend those protections and authorities to cover the risks posed by our bif diverse and complicated financial system today, and we are proposing legislation to provide those tools and look forward to working with this committee and the Congress to pass such legislation as quickly as possible.

And the Office of Thrift Supervision is by far the smallest and least aggressive of the regulators. You know that you can count on Democracy Now! TOP Related Articles.

LYCOSA SP PDF

The Big Takeover: A Must-Read from Rolling Stone's Matt Taibbi

So what happened to Cassano? Mike Taibbi works for Raibbi. You compare this whole thing to a casino. We now own controlling stakes in an enormous variety of companies, a dying insurance giant in AIG.

AUTONICS STEPPER MOTOR DRIVER PDF

Independent news has never been so important.

Faele What do you mean, they made this mtat We can basically do whatever we want. The British Empire probably peaked in relative power around and found it increasing expensive to maintain power afterwards due to the rise of France, Germany, Russia and the United States. In our case, we are seeing a rapid decline in our relative power. Many view the massive losses at AIG as the result of corporate greed combined with lax government oversight and regulation. Some of the work s that this program incorporates, however, may be separately licensed.

Related Articles