By Kristen Gwynne, Crosspost with AlterNet
On Thursday, Rolling Stone writer Matt Taibbi joined guest host Sam Seder on Current TV’s Countdown with Keith Olbermann to explain why he went from optimistic to disappointed by the $26 billion settlement to be paid to victims of robo-signing and other foreclosure fraud.
Tabbi says that as more of the banks’ bad behavior is exposed, it will become obvious that they must shut down to pay for their crimes, because the reparations necessary would bleed them dry. This settlement, he says, is a “kewpie doll” for victims of banker greed, and won’t “stem the tide or turn the tables for these people.”
Watch it below.
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