Episode 20: Matt Taibbi

AML Talk Show host Stephen Platt with guest speaker Matt Taibbi, Rolling Stone reporter and author.

AML Talk Show Hosted by Stephen Platt

In this series of podcasts, our hosts Martin Woods and Stephen Platt will interview key figures in the world of financial crime prevention and examine successes and failures in the global fight against money laundering and related crimes including drug trafficking, bribery and corruption, sanctions evasion, human trafficking and tax evasion.

Transcript

Stephen Platt

Good afternoon folks and welcome to this KYC360 AML Talk Show, with me Stephen Platt. Thank you very much for joining me once again. Today, I'm super excited to be joined by acclaimed journalist and author Matt Taibbi. Matt is an American author, journalist and podcaster. He's reported on finance, media, politics and sports. He's a contributing editor for Rolling Stone Magazine, author of several books, and the cohost of Useful Idiots, and publisher of a newsletter on Substack. In 2008, Matt won a national magazine award for three columns that he'd written for Rolling Stone. In 2019, he launched the podcast Useful Idiots.

He's known for his very brazen style, having branded Goldman Sachs a "vampire squid," in a 2009 article, a term which is still in common use. I confess, if not for that reason, but for others, that I've been a fan of Matt's writing ever since I picked up a copy of his book The Divide, when I was in New York a few years back, and between JFK and Heathrow, I was completely absorbed. It is a phenomenally powerful polemic that contrasts the treatment of financial institutions for breeches of the law for which they're responsible with the treatment of the poorest members of American society by the criminal justice system. It really is a hell of a sobering read and if I were you, if you haven't read it, I'd put it on your Christmas list, because you won't be disappointed.

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