Matt Taibbi vs. the Giant Vampire Squid

Jim Impoco: Taibbi has received a good deal of attention for his article “The Great American Bubble Machine” in the latest issue of Rolling Stone magazine. Unlike Taibbi, I’d be happy if all the world’s economic problems since the Great Depression could be blamed on Goldman Sachs. That would lend itself to an easy fix. Just re-elect Eliot Spitzer as New York attorney general, point him downtown toward Goldman’s headquarters, and say, sic ‘em!