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comment by kleinbl00
kleinbl00  ·  3671 days ago  ·  link  ·    ·  parent  ·  post: Matt Taibbi: The $9 Billion Witness: Meet JPMorgan Chase's Worst Nightmare

For the record: Michael Lewis is a vastly better writer than Matt Taibi. He's gotten several books out of financial shenanigans, and all of them are great. I've read (and enjoyed):

- Liar's Poker (his memoir of being at Solomon Brothers as it crashed)

- The Big Short (about exactly this)

- Boomerang (about the aftermath of exactly this)

- Flash Boys (about high frequency trading)

Oddly enough, I've yet to read Moneyball.





b_b  ·  3670 days ago  ·  link  ·  

Matt Taibbi is one of the reasons I gave up on Rolling Stone, which I subscribed to for years as a youngster. Even when I agree with his sentiment, I feel slimy reading his words. They always strike me as less than the whole story, and purposefully so. I get that we can never get the whole truth, that editorial objectives color everything we read, and that everyone has an agenda, but he just seems like a liar to me. NYT covered this particular piece, and while they praised some of his expose, they also noted a bunch of errors, liberties with the truth, and straight up calculated misleading statements.