The article by Matt Taibbi discusses the federal bailout of Wall Street, arguing that it did not fix the economy but instead created a permanent bailout state. It criticizes the bailout for being based on deception, failing to aid homeowners, and benefiting large banks while increasing economic risk. The article highlights the lack of transparency, the misleading portrayal of bank health, and the ongoing implicit government guarantee to large financial institutions.
documents/EFTA01120567.pdf
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