The Divide
by Matt Taibbi · first published 2014
4mentions
3recommended by
4HN commenters
2014–2017first – last mentioned
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Matt Taibbi has an interesting book out "The Divide: American Injustice in the Age of the Wealth Gap." There are issues in the US beyond just the seizing of assets, the question is how do we fix it so that everyone can prosper? The idea of the United States is still awesome, but have we as a country…
on “Police Can Seize and Sell Assets Even When the Owner Broke No Law” ↗…less than the profit, and there are no lessons to be learned other than to not get caught. Matt Taibbi does a really good job of examining this shift in the Justice Department's strategy in his book The Divide: American Injustice in the Age of the Wealth Gap, which I recommend if this is a subject you are interested in.
on “Why Sub-Prime Lenders Didn’t Cause the Housing Crash (2015)” ↗You should read Matt Taibbi's new book " The Divide: American Injustice in the Age of the Wealth Gap". It explains how this system of "well, if it's a company doing it then I guess we can't press charges" came to be.
on “Snapchat Settles Charges with FTC That It Deceived Users” ↗Matt Taibbi wrote about this in his book The Divide: American Injustice in the Age of the Wealth Gap [1]. Enron was probably the last big corporate take-down by the government. From an interview http://www.democracynow.org/2014/4/15/who_goes_to_jail_matt_... But at the bottom of it, there was this…
on “Why the S.E.C. didn't hit Goldman Sachs harder” ↗