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On The (Partial) Vindication of Matt Taibbi

What was remarkable about the whole Taibbi uproar was the passionate response by Goldman defenders. Talk about a halo effect! Moore and McCardle were just two from the a front line that stretched from Clusterstock to CNBC to the editorial pages of the Wall Street Journal.

Funny thing, prior to the collapse, Goldman's policy was never to speak to the media. When Blankfein & Co. finally launched their outreach campaign, they came off as completely tone deaf-- selfish, arrogant and plutocratic.

Once this thing blows over, look for a resignation from Lucas Van Praag.

Posted on December 15, 2009 at 2:04 pm 0