Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America
A brilliantly 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...
show more
A brilliantly 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.This is essential reading for anyone who wants to understand the labyrinthine inner workings of this country, and the profound consequences for us all.
show less
Format: kindle
ASIN: B003F3FJS2
Edition language: English
Category:
Non Fiction,
Writing,
History,
Science,
Mystery,
Business,
Economics,
Journalism,
Politics,
Sociology,
Crime,
Political Science
Just astonishing. How absolutely screwed we are. Taibbi might annoy you - he can be a bit dude-ish in his writing at times, merry with his hilarious teenager-esque spins on traditional curses ("douchewad" being my favorite) and quick to be hyperbolic when its suitable. But you cannot, simply canno...
I really enjoyed this book. It was terrifying and depressing and eye-opening. A relatively short read that's packed with content, it's worth your time. He does a fantastic job of explaining some very complicated things through the use of metaphors and analogies that get you pretty close to unders...
There has been a lot of media, reports and books describing the mismanagement of wall street and mortgages in to this gambling con. This book continues on that same story but in a broader context. There are tons of reviews which outline the book quite well so I will not recap it here. What I will sa...
If you have any interest in the financial crisis, why gas prices rise, or US politics of the last few years I highly recommend this book. Taibbi certainly has a way with words. His explains things clearly and is very open about his opinion on whatever the subject is. He covers a range of topics fr...
UPDATES - June 21, 2012 - at bottomYou don’t have to be Dorothy or “The One” to know that there is something foul going on behind the economic curtain. Matt Taibbi, a contributing editor at Rollingstone, rips away the misinformation that cloaks some of the most nefarious behavior in American history...