Tag Archives: degenerate gamblers

A bankster prerequisite: Scamming 101


Matt Taibbi explains what triggered Wall Street protests Actually, this long quotation from a February interview of Taibbi explains why it’s accurate to think of crooked investment bankers — banksters — as scam artists as well as degenerate gamblers of … Continue reading

Posted in casinos, economic collapse, Goldman Sachs, Great Recession, mainstream media, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , | 1 Comment

Banking on degenerate gamblers


Confirmation that a “rogue” trader somehow lost $2 billion making “unauthorized” trades at UBS “will test the faith of investors, clients and regulators,” says Wall Street Journal. It should also test the credulity of anyone who would still argue that … Continue reading

Posted in casinos, Congress, economic collapse, finance reform bill, Goldman Sachs, Great Depression, Great Recession, Politics, The New Depression, Uncategorized, unemployment, Wall Street, world-wide economy | Tagged , , , , , , | 2 Comments