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

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“The [earnings statement], that was like that Robert Conrad ad where he’s daring you to knock the battery off his shoulder,” laughs another creditor attorney. “I mean, they come out five months after the sale, and they’re like, ‘Oh, by the way, we made four billion dollars on the deal.’ And we’re like ‘Oh yeah? How?’ It was the red flag of red flags.” Furious, the creditor attorneys pounded down the door of the Barclays-Lehman attorneys, demanding answers. How did you make $4 billion on the deal? Where had the gain come from? But they got bubkes.

— 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. 178)

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