'Wall Street' Wiseguys Make Cosa Nostra Look Like Chump Change

From the Sky Valley Chronicle Washington State News:

According to Rolling Stone magazine the mainstream media boys blew it big time by not covering this trial of some Wall Street “ wiseguys” calledUnited States of America v. Carollo, Goldberg and Grimm.


Because, says a new story by Matt Taibbi “Someday, it will go down in history as the first trial of the modern American mafia. Of course, you won't hear the recent financial corruption case, United States of America v. Carollo, Goldberg and Grimm, called anything like that. If you heard about it at all, you're probably either in the municipal bond business or married to an antitrust lawyer. Even then, all you probably heard was that a threesome of bit players on Wall Street got convicted of obscure antitrust violations in one of the most inscrutable, jargon-packed legal snoozefests since the government's massive case against Microsoft in the Nineties – not exactly the thrilling courtroom drama offered by the famed trials of old-school mobsters like Al Capone or Anthony "Tony Ducks" Corallo.”

So what’s special about this case? The trial against “three faceless financial executives” was historic, says Taibbi.

Over 10 years in the making, the case allowed federal prosecutors to make public for the first time “the astonishing inner workings of the reigning American crime syndicate, which now operates not out of Little Italy and Las Vegas, but out of Wall Street,” according to Taibbi.

Read rest, here.