Unsurprisingly, Waters isn't particularly upset about Wall Street wives gaming the system and ripping off taxpayers. Rather her concern (as usual) is focused on why minorities were not allowed to game the system and rip off taxpayers. Except, they were. TALF had a special focus on minority participation. Hey, at least she's consistent.
The original must read story from Taibbi is here:
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Video - Taibbi with CNN's Eliot Spitzer in April when his story was first published.
This video has not not been posted before. It's especially solid.