http://www.rollingstone.com/politics/story/26793903/the_big_takeover
I agree, we are fucked. And I find it reprehensible that we allowed an entire system of greed to get so powerful and so overwhelmignly huge without putting into place any decent regulation.
Matt Taibbi has balls. Whether he's right or not is surely debatable (I agree with him, unsurprisingly), but the guy is one of the most brash and independent voices we have in our mass media, and I hope he makes people think.
Tripper
AIG was the ground zero.
But the ratings agencies seem to have got away with little criticism.
They colluded and blessed the toxic crap with AAA
And the regulators did nothing.
Lehman was the major player in packaging up the toxic debt and polluted the system, but they could only do that with the aid of the ones I have mentioned.
The merry go round went around until it collapsed.
There has been a enormous fraud carried out in the mortgage industry in the US.
People need to go to jail.
Go to jail so they can continue costing the tax payers money? Nahhh, just shoot the bastards.