All Videos Tagged Matt (True Skool Network) - True Skool Network

Matt Damon Plays Brett Kavanaugh in ‘S.N.L.’ Season Premiere

2018-09-30T15:06:55.749Z

Judge Brett Kavanaugh (Matt Damon) takes questions from Senators Chuck Grassley (Alex Moffat), Diane Feinstein (Cecily Strong), Amy Klobuchar (Rachel Dratch)...

Matt Taibbi: Eric Holder Back to Wall Street-Tied Law Firm After Years of Refusing to Jail Bankers

2015-07-16T18:22:45.168Z

In the latest sign of the revolving door between Wall Street and Washington, recently retired U.S. Attorney General Eric Holder is returning home — to the corporate law firm Covington & Burling, where he worked for eight years before becoming head of the Justice Department. During his time at Covington, Holder’s clients included UBS and the fruit giant Chiquita. The law firm’s client list has included many of the big banks Holder failed to criminally prosecute as attorney general for their role in the financial crisis, including Bank of America, JPMorgan Chase, Wells Fargo and Citigroup. We speak with Matt Taibbi, award-winning journalist with Rolling Stone magazine. "I think this is probably the single biggest example of the revolving door that we’ve ever had," Taibbi says.

Democracy Now! is an independent global news hour that airs weekdays on 1,300+ TV and radio stations Monday through Friday. Watch our livestream 8-9am ET: http://democracynow.org

Matt Taibbi on How Wall Street Hedge Funds Are Looting the Pension Funds of Public Workers

2013-09-28T21:22:12.057Z

Published on Sep 26, 2013
http://www.democracynow.org - In his latest article for Rolling Stone, Matt Taibbi reports that Wall Street firms are now making millions in profits off of public pension funds nationwide. "Essentially it is a wealth transfer from teachers, cops and firemen to billionaire hedge funders," Taibbi says. "Pension funds are one of the last great, unguarded piles of money in this country and there are going to be all sort of operators that are trying to get their hands on that money."

Democracy Now!, is an independent global news hour that airs weekdays on 1,200+ TV and radio stations Monday through Friday. Watch it live 8-9am ET at http://www.democracynow.org.

Matt Taibbi: U.S. Student Loan Bubble Saddles a Generation With Debt and Threatens the Economy 2/2

2013-08-24T00:34:25.607Z

http://www.democracynow.org - On the heels of President Obama's signing of a measure keeping federally subsidized student loans at a relatively low rate through 2015, Rolling Stone political reporter Matt Taibbi joins us to discuss how the high price of U.S. college tuition and the federal expansion of student debt to pay for it pose a major threat to the economy. In his new article, "Ripping Off Young America: The College-Loan Scandal," Taibbi writes: "The dirty secret of American higher education is that student-loan interest rates are almost irrelevant. It's not the cost of the loan that's the problem, it's the principal -- the appallingly high tuition costs that have been soaring at two to three times the rate of inflation, an irrational upward trajectory eerily reminiscent of skyrocketing housing prices in the years before 2008. ... Throw off the mystery and what you'll uncover is a shameful and oppressive outrage that for years now has been systematically perpetrated against a generation of young adults." "The government now projects that it's going to make $185 billion over the next 10 years in student loans," Taibbi says. "There is no way out of these loans. Even gamblers can declare bankruptcy, but kids who enter into student loans will never, ever be able to get out of this debt."

See part 1 of this interview: http://youtu.be/lFyJ-MumME4

Watch more reports about the growing student debt crisis at http://www.democracynow.org/topics/st....

Democracy Now!, is an independent global news hour that airs weekdays on 1,200+ TV and radio stations Monday through Friday. Watch it live 8-9am ET at http://www.democracynow.org.

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Published on Aug 20, 2013

Matt Taibbi: After Laundering $800 Million in Drug Money, How Did HSBC Execs Avoid Jail?

2012-12-19T08:23:29.886Z

DemocracyNow.org - The banking giant HSBC has escaped indictment for laundering billions of dollars for Mexican drug cartels and groups linked to al-Qaeda. Despite evidence of wrongdoing, the U.S. Department of Justice has allowed the bank to avoid prosecution and pay a $1.9 billion fine. No top HSBC officials will face charges, either. We're joined by Rolling Stone Contributing Editor Matt Taibbi, author of "Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History." "You can do real time in jail in America for all kinds of ridiculous offenses," Taibbi says. "Here we have a bank that laundered $800 million dollars of drug money and they can't find a way to put anybody in jail for that? That sends an incredible message, not just to the financial sector, but to everybody. It's an obvious, clear double standard where one set of people gets to break the rules as much as they want and another set of people can't break any rules at all without going to jail."

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Published on Dec 13, 2012