The divide by matt taibbi5/26/2023 His new book is called The Divide: American Injustice in the Age of the Wealth Gap. Well, for more, we turn to our guest, Matt Taibbi, award-winning journalist, formerly with Rolling Stone magazine, now with First Look Media. … Tough enforcement, risky enforcement, is subject to extensive negotiation and weakening,” he said. He said the SEC has become, quote, “an agency that polices the broken windows on the street level and rarely goes to the penthouse floors. Kidney, who joined the SEC in 1986, had tried and failed to bring charges against more executives in the agency’s 2010 case against Goldman Sachs. He said that his bosses were too, quote, “tentative and fearful” to hold Wall Street accountable for the 2008 economic meltdown. The gap between what the poorest make and what the wealthiest bring home has reached levels not seen since the Great Depression, and the drug war has fueled the mass incarceration of the poor and people of color.ĪMY GOODMAN: Earlier this month, attorney James Kidney, who was retiring from the Securities and Exchange Commission, gave a widely reported speech at his retirement party. Well, now Taibbi is back with an explosive new book that asks why these crimes have gone unpunished as an unequal justice system targets the most vulnerable. AARON MATÉ: Today we dedicate much of the hour to a conversation with award-winning journalist Matt Taibbi, who you may know from his reporting on financial crimes.
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