Taibbi Talks Bank of America on Current TV

Check out Matt Taibbi on Current TV’s The Young Turks last night. The topic: Matt’s recent Rolling Stone article about too-crooked-to-fail Bank of America. “It’s no different than here on the streets of New York where you see people selling fake Prada bags or phony blue jeans. What they were doing is selling phony mortgages… It was a giant fraud scheme. The fraud on Wall Street — they think it’s some kind of abstraction, it’s bankers ripping off other bankers, it’s some kind of insider-trading scheme where it’s a victimless crime. That’s not true — it’s bankers ripping off old people and retirees.”

Read more: http://www.rollingstone.com/politics/blogs/national-affairs/taibbi-talks-bank-of-america-on-current-tv-20120323#ixzz1qF6hxObw

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