Matt Taibbi, like Seymour Hersh, is relentless. Like Hersh, he has never been sued nor has his analysis on all things financial has ever been proven to be false, something yours truly treasures regarding the news as finding reliable sources who understand how the world works at deep level, is becoming ever more difficult given how utterly controlled the so called press is in the age of the web.
In his latest article for Rolling Stone, Matt Taibbi reports that Wall Street firms are now making millions in profits off of public pension funds nationwide. "Essentially it is a wealth transfer from teachers, cops and firemen to billionaire hedge funders," Taibbi says. "Pension funds are one of the last great, unguarded piles of money in this country and there are going to be all sort of operators that are trying to get their hands on that money."
Read the transcript and view the video to see why Dollars are now bits.
In his latest article for Rolling Stone, Matt Taibbi reports that Wall Street firms are now making millions in profits off of public pension funds nationwide. "Essentially it is a wealth transfer from teachers, cops and firemen to billionaire hedge funders," Taibbi says. "Pension funds are one of the last great, unguarded piles of money in this country and there are going to be all sort of operators that are trying to get their hands on that money."
Read the transcript and view the video to see why Dollars are now bits.
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