Matt Taibbi

Dictionary Says

Definition of 'Matt Taibbi'


An American journalist and writer born in 1970. Matt Taibbi is well known for authoring articles in Rolling Stone magazine as well as various other publications. Matt Taibbi is the son of Mike Taibbi, a reporter for NBC. Matt Taibbi has also served as a correspondent for "Real Time with Bill Maher."

Investopedia Says

Investopedia explains 'Matt Taibbi'


Taibbi wrote a controversial article, published in Rolling Stone, in July 2009 claiming that Goldman-Sachs had engineered all of the major market manipulations since the Great Depression. He famously described Goldman Sachs as a "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."

comments powered by Disqus
Hot Definitions
  1. Closed-End Fund

    A closed-end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange.
  2. Payday Loan

    A type of short-term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post-dated personal check in the amount they wish to borrow plus a fee in exchange for cash.
  3. Securitization

    The process through which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the repackaged instruments to investors.
  4. Economic Forecasting

    The process of attempting to predict the future condition of the economy. This involves the use of statistical models utilizing variables sometimes called indicators.
  5. Chicago Mercantile Exchange - CME

    The world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and agricultural products.
  6. Private Equity

    Equity capital that is not quoted on a public exchange. Private equity consists of investors and funds that make investments directly into private companies or conduct buyouts of public companies that result in a delisting of public equity.
Trading Center