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There has been a chorus of voices asking why no one has gone to jail for the Wall Street financial scandal. One of those voices belongs to journalist Matt Taibbi.
This past weekend, Here & Now’s Robin Young sat down with Taibbi before a sold out crowd in Cambridge, Massachusetts, to discuss his new book, “The Divide: American Injustice in the Age of the Wealth Gap.”
Taibbi began covering the financial collapse for Rolling Stone magazine in 2008 and realized no one was going to jail. He decided to find out who was going to jail.
In “The Divide,” he makes the case that there are two types of Americans: rich Wall Street miscreants who pay fines instead of do time, and poor Americans who go to jail.