Tag Archives: Bank of America too crooked to fail

Matt Taibbi discusses his recent article, Bank of America: Too Crooked to Fail, on Democracy Now, March 22, 2012. Video with review.

In his recent article appearing in “Rolling Stone”, “Bank of America: Too Crooked to Fail”, reporter Matt Taibbi accuses Bank of America of defrauding “everyone from investors and insurers to homeowners and the unemployed”, and leaves the viewer with the inevitable question, why does our government not only allow these banks to continue in existence but, in fact, continue to support them at all costs. Continue reading

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Cenk Uygur interviews Matt Taibbi from Rolling Stone on Current TV on Bank of America being too crooked to fail, March 22, 2012: bid rigging and sale of poor quality mortgage-backed securities. Video and transcript.

Cenk Uygur interviews Matt Taibbi from Rolling Stone about how the big banks, Bank of America and Chase, have committed fraud by selling poor quality mortgaged back securities to pension fund institutions and by rigging government bid contracts. Are Bank of America and Chase too crooked to fail? Continue reading

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