Over the years, many in the public have become numb to news of financial corruption, partly because too many of these stories involve banker-on-banker crime.
Matt TaibbiI get the cynicism thing all the time, although I don't really know where that comes from, because I think I'm actually the opposite of a cynic.
Matt TaibbiThis is America: Corporate stealing is practically the national pastime, and Goldman Sachs is far from the only company to get away with doing it.
Matt TaibbiInterest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.
Matt TaibbiAmendments occupy a great deal of most legislators' time, particularly those lawmakers in the minority. Members of Congress do author major bills, but more commonly they make minor adjustments to the bigger bill.
Matt TaibbiThe print magazine and print journalism industry is obviously in a great deal of trouble, and one of the things that happened when this business started to give way to the Internet and to broadcast television is that a lot of organizations started cutting specifically investigative journalism and they also started cutting fact-checkers.
Matt Taibbi