Following up on the NY Times story from last August about Goldman Sachs manipulating the aluminum markets Matt Taibbi writes in Rolling Stone, The Vampire Squid Strikes Again: The Mega Banks' Most Devious Scam Yet "Banks are no longer just financing heavy industry. They are actually buying it up and inventing bigger, bolder and scarier scams than ever."
He keeps it a little saner than usual and does about as a good as anyone at explaining the complex schemes. He definitely makes a case that we should limit banks to, well, banking.
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