Tag: cons

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Masters of the Econolypse

While I was flu-snookered last week, Rolling Stone issue 1099 arrived. It’s the third issue received since my resubscribing after more than 25 years. Amazon made an offer I couldn’t refuse: Half-year subscription for a buck. The writing is better than ever, although a contributing editor wrote the best story—”Wall Street’s Bailout Hustle“.

That best story is simply amazing. Matt Taibbi puts the mortgage crisis and subsequent government bailout in grifter terms (Seven different cons). Matt’s storytelling is exceptional, and he gives the crisis the rip-off context it deserves.