Matt Taibbi | Another Bailed-Out Bank Accused of Fraud

Originally posted on 2012: What's the 'real' truth?:


Matt Taibbi, Rolling Stone

Intro: “Earlier this year, Charlie Munger, who is billionaire Warren Buffet’s right hand at Berkshire Hathaway and a sort of self-proclaimed mad oracle of Wall Street, made some interesting comments. He bashed people who buy gold, delivering an all-time amazing quote: “Gold is a great thing to sew onto your garments if you’re a Jewish family in Vienna in 1939 but civilized people don’t buy gold – they invest in productive businesses.”

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