Matt Taibbi: Break Up the 'Too-Big-to-Fail' Financial Behemoths that Destroyed the Economy

Taibbi and Keith Olbermann discuss whether it's possible to break apart "too-big-to-fail" institutions.
October 14, 2011

Editor's note: This week, finance industry journalist Matt Taibbi put together a list of five political demands Occupy Wall St. protestors could agitate for. First on his list was the breakup of the "too-big-to-fail" financial institutions holding the global economy hostage. In the following transcript from "Countdown with Keith Olbermann," Taibbi elaborates on how to break up the financial behemoths that sunk the economy.

Taibbi: First of all, nobody asked my advice on any of this and they're doing great without the advice of people like me. But ...

Olbermann: It's a democracy, everybody has a voice, take your platform.

Taibbi: Everybody has a voice. But there are a lot of people who have been following this whole issue of Wall Street corruption for years. There's a small community of those people and we've been talking amongst each other for the past few weeks -- trying to think about, what would the demands be? What would a good demand be if it came time to make one?
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