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Blinded by Rage

By Anonymous

What do you get when you combine insecurity, a massive inferiority complex, and unbridled populist rage? Matt Taibbi.

Taibbi, whose recent Rolling Stone piece is one of the most unintentionally hilarious articles I've ever read, now unleashes a semi-coherent attack on Jake DeSantis, the former AIGFP executive whose resignation letter appeared on the NYT's op-ed page this week. Taibbi spends a majority of the article calling DeSantis is a liar because he undoubtedly knew about the credit default swaps that Joe Cassano was writing.

Except that DeSantis never claimed that he didn't know about the CDS deals. The rest of the article is similarly ridiculous, and possibly rivals his Rolling Stone piece for the Unintentional Comedy crown. Apparently Taibbi was too busy making sure that he included the word "fuck" in every sentence to put together a coherent argument. Ah, youth...

Full post as published by Economics of Contempt on March 27, 2009 (boomark / email).