Matt Taibbi: “Is the SEC Covering Up Wall Street Crimes?” (Democracy Now! Interview)

DemocracyNow.org – An explosive new report in Rolling Stone magazine exposes how the US Securities and Exchange Commission destroyed records of thousands of investigations, whitewashing the files of some of the nation’s largest banks and hedge funds, including AIG, Wells Fargo, Lehman Brothers, Goldman Sachs, Bank of America and top Wall Street broker Bernard Madoff. Last week, Republican Sen. Chuck Grassley of Iowa said an agency whistleblower had sent him a letter detailing the unlawful destruction of records detailing more than 9000 information investigations. Democracy Now! speaks with Matt Taibbi, the political reporter for Rolling Stone magazine who broke this story in his latest article, “Is the SEC Covering Up Wall Street Crimes?” For the complete transcript, to download the podcast, or for more information about Democracy Now!, visit www.democracynow.org FOLLOW DEMOCRACY NOW! ONLINE: Facebook: www.facebook.com Twitter: @democracynow Subscribe on YouTube: www.youtube.com Daily Email News Digest: www.democracynow.org Please consider supporting independent media by making a donation to Democracy Now! today, visit www.democracynow.org