Bill Moyers, Matt Taibbi and Yves Smith on Big Banks

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Rolling Stone editor Matt Taibbi and Yves Smith, creator of the finance and economics blog Naked Capitalism, join Bill to discuss the folly and corruption of both banks and government, and how that tag-team leaves deep wounds in our democracy. Taibbi's latest piece is "The Scam Wall Street Learned from the Mafia." Smith is the author of ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism.

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  People & Blogs

[1noen1]

Jesus.

And Republicans get on their knees and say "Please sir, may I have more?"

[Mapleneckguitar]

Matt Taibbi is my new American journalistic hero. I am so happy to know that he is out there getting to that a ll important true and honest bottom. Keep it up brother and i'll keep looking towards the news stand for your name...

[MrsBstacy123]

There is a natural tendency in me to question authority figures. As a child this got me into trouble. But as a child I could see when authorities were wrong, and I can still see it today. We are told by those with authority that we are to respect them, However they don't earn it and they are not entitled to it.

[5994fps]

Matt Taibbi is a conspiracy theorist (as long as the conspiracy doesn't involve government)

[Kenrai Takahashi]

don't pretend that democtrats don't do it too

[James Colyn]

Stunningly brilliant explanation / overview by these 3 heroes. I read a lot about what's how the banksters have been shafting the country ... no, the world, but still learned a lot from this short interview. Mail it to any of your friends who may want to know this, and even to a few who don't have a clue. People are being victimized and becoming angry, so the best thing to do is educate them.

And wouldn't it be great if Bill did get Matt and Yves back on his show for more discussion and insight

[S2Cents]

Email 'em. Email Bill Moyer's show. 

[duttyrock5]

Will you take responsibility for what you wrote? There are few people who have attempted to discredit Taibbi and none that I have read have actually found any factual inaccuracies. Most only have a problem with the way he characterizes private equity. I'm reading his book and he has an entire chapter dedicated to the sad truth behind "Obamacare", which i encourage you to read. He pulls no punches from any democrats. BTW I know Bill Moyers is a liberal, but face it, the truth has no party

[Stephen Okawa]

How do you change an entire culture? You wipe them out. Get rid of this cartel...

[JagzRevolutionary]

why doesnt bill moyers interview chomsky again wtf?

[Hampus Byström]

You haven't heard of Yves? Nakedcapitalism is great.