Wednesday, September 19, 2012
So why has government been useless against Wall St?
Matt Taibbi clues us in on a book by a man inside Congress who gives us some of the down and dirty details of how good legislation gets killed.
We get one of those rare inside accounts in The Payoff: Why Wall Street Always Wins, a new book by Jeff Connaughton, the former aide to Senators Ted Kaufman and Joe Biden. Jeff is well known to reporters like me; during a period when most government officials double-talked or downplayed the Wall Street corruption problem, Jeff was one of the few voices on the Hill who always talked about the subject with appropriate alarm.Matt's post has too much to summarize or excerpt but if the review is this good, the book must be wll worth reading.
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