Jake Bernstein, Inside the New York Fed: Secret Recordings and a Culture Clash. ProPublica, 26 September 2014. “A confidential report and a fired examiner’s hidden recorder penetrate the cloistered world of Wall Street’s top regulator–and its history of deference to banks.” This story was co-published with This American Life, from WBEZ Chicago: “536: The Secret Recordings of Carmen Segarra,” 26 September 2014. Listen to the radio version here. And read the transcript of the radio version here.
July 9, 2009
The Great American Bubble Machine: Goldman Sachs
Matt Taibbi, The Great American Bubble Machine. Rolling Stone, From the Archives Issue 1082, 9 July 2009. (Dated 5 April 2010 online.) “From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression–and they’re about to do it again…. The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who’s Who of Goldman Sachs graduates.”