wall street scams

Gird your loins; Rolling Stone's Matt Taibbi is on the warpath again. This time he's detailing the various methods used to generate massive profits and bonus numbers at the expense of the taxpayer, and it's a ripping good read. Grab a cup of coffee, swallow some Vicodin, and then click HERE.

He starts with a pretty predictable riff on Goldman Sachs and Lloyd Blankfein, but everyone on the Street has to admit that the firm makes no discernible effort to improve their image. Where the article gets interesting is when he begins to outline the different scams used to take advantage of the (ludicrous) rescue measures put in place by the government and he does so in the appropriate con artist lingo.