the Nation’s Biggest Banks Are Ripping Off American Cities with Predatory Deals

Democracy Now!

April 12, 2010

“Looting Main Street”

Matt Taibbi on How the Nation’s Biggest Banks Are Ripping Off American Cities with Predatory Deals, takes an in-depth look at the experience of one small Alabama town and its disastrous dealings with Wall Street. Taibbi writes,

“The destruction of Jefferson County reveals the basic battle plan of these modern barbarians, the way that banks like JP Morgan and Goldman Sachs have systematically set out to pillage towns and cities from Pittsburgh to Athens.”

MORE:  http://dandelionsalad.wordpress.com/2010/04/12/matt-taibbi-on-how-the-nations-biggest-banks-are-ripping-off-american-cities-with-predatory-deals/

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