Did you know that Truthout is a nonprofit and independently funded by readers like you? If you value what we do, please support our work with a donation.
An explosive new report in Rolling Stone magazine exposes how the U.S. Securities and Exchange Commission destroyed records of thousands of investigations, whitewashing the files of some of the nation’s largest banks and hedge funds, including AIG, Wells Fargo, Lehman Brothers, Goldman Sachs, Bank of America and top Wall Street broker Bernard Madoff. Last week, Republican Sen. Chuck Grassley of Iowa said an agency whistleblower had sent him a letter detailing the unlawful destruction of records detailing more than 9,000 information investigations. We speak with Matt Taibbi, the political reporter for Rolling Stone magazine who broke this story in his latest article, “Is the SEC Covering Up Wall Street Crimes?”
An important fundraising appeal: 5 Days to raise $35,000
Thank you for reading Truthout today. We have a brief message before you go.
Unfortunately, donations are down for Truthout at a time when media faces immense pressure. Yet, grassroots media is vital in the fight against Trump’s authoritarian reign. Our mandate to tell the truth, share strategies for resistance, and speak against fascism grows more urgent each day. We must appeal for your support.
If you can support Truthout with a one-time or monthly donation, you will make a significant impact on our work. Please donate during our fundraiser.