Matt Taibbi gets it right yet again

From the latest Rolling Stone Magazine:

The People vs. Goldman Sachs

A Senate committee has laid out the evidence. Now the Justice Department should bring criminal charges

By Matt Taibbi,  May 11, 2011

They weren't murderers or anything; they had merely stolen more money than most people can rationally conceive of, from their own customers, in a few blinks of an eye. But then they went one step further. They came to Washington, took an oath before Congress, and lied about it.

Thanks to an extraordinary investigative effort by a Senate subcommittee that unilaterally decided to take up the burden the criminal justice system has repeatedly refused to shoulder, we now know exactly what Goldman Sachs executives like Lloyd Blankfein and Daniel Sparks lied about. We know exactly how they and other top Goldman executives, including David Viniar and Thomas Montag, defrauded their clients. America has been waiting for a case to bring against Wall Street. Here it is, and the evidence has been gift-wrapped and left at the doorstep of federal prosecutors, evidence that doesn't leave much doubt: Goldman Sachs should stand trial.

Then, additionally, there's this story about dirty Goldman Sachs, from a completely different source, showing still more at least questionable tactics, if not illegal, in an entirely different arena:

New Disclosures on Currency Swaps with Goldman to Hide Greek Debt; Tip of the Iceberg says Former Bond Trader "Dr. Evil"

Let's go get 'em, for pity's sake.


If even half of what Matt Taibbi documents is true--and it certainly looks as though it is--we should go after them, both because of what they did illegally, but also to ensure it isn't repeated.

Then, if we're lucky at all, it will get and keep G Sachs and all the people and companies like them out of the inner workings of the White House.

Let's hope.

And hope big.

Links: http://www.rollingstone.com/politics/news/the-people-vs-goldman-sachs-20110511
http://www.rollingstone.com/politics/photos/how-goldman-execs-screwed-their-clients-and-lied-to-congress-20110511
http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405
http://www.rollingstone.com/politics/news/wall-streets-bailout-hustle-20100217