Matt Taibbi: Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History (2010)
Filed under book | Tags: · banking, economy, financial crisis, money, politics, usa
An illuminating and darkly comic tale of the ongoing financial and political crisis in America.
The financial crisis that exploded in 2008 isn’t past but prologue. The grifter class—made up of the largest players in the financial industry and the politicians who do their bidding—has been growing in power, and the crisis was only one terrifying manifestation of how they’ve hijacked America’s political and economic life.
Matt Taibbi has combined deep sources, trailblazing reportage, and provocative analysis to create the most lucid, emotionally galvanizing account yet written of this ongoing American crisis. He offers fresh reporting on the backroom deals of the bailout; tells the story of Goldman Sachs, the “vampire squid wrapped around the face of humanity”; and uncovers the hidden commodities bubble that transferred billions of dollars to Wall Street while creating food shortages around the world.
Publisher Spiegel & Grau, an imprint of Random House, New York, 2010
ISBN 0385529953, 9780385529952
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