The one thing that I do is take really complicated systems and subjects and make them accessible to regular people.
Matt TaibbiAmerica is a country that has been skating for ages on its unparalleled ability to look marvelous on the outside.
Matt TaibbiBy incentivizing Wall Street players to sniff out inefficient or corrupt companies and bet against them, short-selling acts as a sort of policing system; legal short-sellers have been instrumental in helping expose firms like Enron and WorldCom.
Matt TaibbiWhat we Americans go through to pick a president is not only crazy and unnecessary but genuinely abusive. Hundreds of millions of dollars are spent in a craven, cynical effort to stir up hatred and anger on both sides.
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 Taibbi