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The Big Takeover: How Wall Street Insiders are Using the Bailout to Stage a Revolution
Posted by: AJ 7:30pm, Friday, 10 April 2009
AJ says: Replete with Taibbi's usual invective, but nevertheless the best explanation of the financial crisis I've read. I actually understand CDOs and credit-default swaps now.

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An interview with Matt Taibbi about this article
Posted by: AJ 7:46pm, Friday, 10 April 2009
From Democracy Now
(no subject)
Posted by: ccho 2:02pm, Monday, 13 April 2009
I thought a recent episode of South Park offered a pretty good very high-level summary of the aforementioned derivatives ;)

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