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I've read a few of the retrospectives on the 10 year anniversary of the 2008 financial crash, but none of them came close to this piece by Matt Taibbi to describe the scale of the fraud and the moral bankruptcy of the bailouts.

For me the best quote:

"The deal those bankers cooked up was to save the banks FROM capitalism" (i.e. not to save Capitalism itself).

"Losers must be allowed to lose. It’s the first and most important regulatory mechanism in a market economy."

rollingstone.com/politics/poli

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