by Guadamour
Featured Writer
Dandelion Salad
April 11, 2011
Book Review of Griftopia
In 2008 Wall Street feces hit the proverbial fan and sucked out trillions of US taxpayer dollars in rescuing banks criminally responsible for creating the crisis called by some the Great Recession. Griftopia by Matt Taibbi (Spiegel & Grau 2010) connects all the dots and links the key players and their roles in this criminal conspiracy which caused the domestic and international economies to implode.
Taibbi of The Rolling Stone starts slow describing the Bubble Meister, Alan Greenspan’s, connection to the ultra extreme capitalist advocate, the mediocre novelist Ayn Rand. The book delves into the crooked deals by high government officials with close Wall Street connections which determined the winners and loser in the bailout fiasco.
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