Bookmark and Share
Previous article

News Articles

  • The Great American Bubble Machine
  • By Matt Taibbi
  • 29/08/2018
  • Contributed by: Sime ( 14 articles in 2018 )

Rolling Stone: The Great American Bubble Machine PT.1 of 5

Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression.

In Rolling Stone Issue 1082-83, Matt Taibbi takes on "the Wall Street Bubble Mafia" — investment bank Goldman Sachs. The piece has generated controversy, with Goldman Sachs firing back that Taibbi's piece is "an hysterical compilation of conspiracy theories" and a spokesman adding, "We reject the assertion that we are inflators of bubbles and profiteers in busts, and we are painfully conscious of the importance in being a force for good." Taibbi shot back: "Goldman has its alumni pushing its views from the pulpit of the U.S. Treasury, the NYSE, the World Bank, and numerous other important posts; it also has former players fronting major TV shows. They have the ear of the president if they want it." Here, now, are excerpts from Matt Taibbi's piece and video of Taibbi exploring the key issues.

From Matt Taibbi's "The Great American Bubble Machine" in Rolling Stone Issue 1082-83

2 of 5

3 of 5

4 of 5

5 of 5

The Great American Bubble Machine (PDF)



Max Keiser takes offense to Goldman Sachs story (pt1 of 2)


2 of 2



0 Comment:

Email Page to Friend - Opens a new window Add a CommentTop⤴

     2+9= 
    (Note: If wrong - comments will not be posted)
    Footnotes:

    1Will not be visible to public.
    2Receive notification of other comments posted for this article. To cease notification after having posted click here.
    3To make a link clickable in the comments box enclose in link tags - ie.<link>Link</link>.

    To further have your say, head to our forum Click Here

    To contribute a news article Click Here

    To view or contribute a Quote Click Here

    Hosting & Support by WebPal© 2018 f4joz.com All rights reserved.