Griftopia

Griftopia

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Category: Business

Tags: Business

Matt Taibbi, The dramatic story behind the most audacious power grab in American history, The financial crisis that exploded in 2008 isnt past but prologue. The stunning rise, fall, and rescue of Wall Street in the bubble-and-bailout era was the coming-out party for the network of looters who sit at the nexus of American political and economic power. The grifter classmade up of the largest players in the financial industry and the politicians who do their biddinghas been growing in power for a generation, transferring wealth upward through increasingly complex financial mechanisms and political maneuvers. The crisis was only one terrifying manifestation of how theyve hijacked Americas political and economic life., Rolling Stones Matt Taibbi here unravels the whole fiendish story, digging beyond the headlines to get into the deeper roots and wider implications of the rise of the grifters. He traces the movements origins to the cult of Ayn Rand and her most influentialand possibly weirde

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