IN the aftermath of the 2008 financial crisis, American journalist Matt Taibbi wrote an article for Rolling Stone magazine. In it, he described what he claimed was the greed-driven role played by a giant investment bank in the crisis.
He likened the bank to 'a giant vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnels into anything that smelled like money.
Simply put, part of the proceeds from the Pharmally scam, according to congressional inquiries, had been moved into other ventures, mostly illicit, that sucked in more money.The biggest discovery so far was the checks covering substantial amounts of money that were moved into the Philippine offshore gaming operator -linked accounts of Guo Hua Ping — aka dismissed mayor Alice Guo of Bamban, Tarlac — by one Hongjiang Yang, the younger brother of Michael Yang, a former presidential adviser to Mr.
Sucked Anything That Smelled Like Money
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