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June 22, 2012 10:00 pm PDT

Wall Street, like the mafia, but more ambitious

In Rolling Stone, Matt Taibbi is his usual incandescent self in reporting on the United States of America v. Carollo, Goldberg and Grimm, a bid-rigging trial against brokers at GE Capital, which implicated virtually every bank on Wall Street (and many overseas banks) in a multibillion-dollar municipal bond bid-rigging fraud, a fraud that skimmed a [...]


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/NNMVTIj0U0Q/wall-street-like-the-mafia-b.html

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