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The Divide: American Injustice in the Age of the Wealth Gap Highlight

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A historical note that gives lie to later suggestions that the markets would panic in the face of criminal investigations of Wall Street: when Rigas was busted, the stock market actually rallied to its second-biggest one-day gain ever, thanks to the widespread perception that the state was taking out corporate America’s garbage.

— Matt Taibbi and Molly Crabapple

Replicated under Fair Use from The Divide: American Injustice in the Age of the Wealth Gap by Matt Taibbi and Molly Crabapple. (Pg. 20)