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Matt Taibbi on Just How Screwed Americans Were By the Bailout

In a new article, Taibbi argues the government did not just bail out Wall Street, but also lied on the financial sector’s behalf.

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JUAN GONZÁLEZ: Of course, and he will always be remembered as the first treasury secretary who neglected to pay his own taxes.

MATT TAIBBI: Right, right, there’s that, true, exactly.

AMY GOODMAN: We want to thank you both for being with us. Matt Taibbi, a contributing editor at Rolling Stone, his latest piece, "Secrets and Lies of the Bailout." We’ll link to it at And William Black, professor of university—professor at University of Missouri-Kansas City. This is Democracy Now! We’ll be back in a minute on this anniversary of the earthquake in Haiti. Stay with us.


Amy Goodman is the host of Democracy Now!, a daily international TV/radio news hour airing on more than 1,000 stations in North America. She is the co-author of “The Silenced Majority,” a New York Times best-seller.

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