2012-07-21huffingtonpost.com

Matt Taibbi called out CNBC anchor Larry Kudlow for claiming that banks' rigging of a key interest rate did not hurt anyone.

"I can't imagine how he [Kudlow] could possibly -- a sane person could possibly -- describe this as a victimless crime," Taibbi told "Democracy Now!" on Thursday. "Even the tiniest manipulation downward, when you're talking about a thing of this scale, would result in tens of trillions of dollars of losses."



Comments: Be the first to add a comment

add a comment | go to forum thread