Should Goldman Sachs Execs Go On Trial?

14:16

May 19, 2011

Goldman Sachs chairman and chief executive officer Lloyd Blankfein testifies at the Senate Subcommittee on Investigations hearing on Wall Street investment banks and the financial crisis on Capitol Hill in Washington in 2010. (AP)

Baseball star Roger Clemens will stand trial this summer for allegedly lying to Congress, and Journalist Matt Taibbi wants to know why executives from the investment bank Goldman Sachs haven't suffered the same fate.

Matt Taibbi's writes in Rolling Stone about a recently released report from the Senate Subcommittee on Investigations, which probed Goldman's role in the 2008 financial crisis. Taibbi says, based on that report, some of Goldman Sachs' executives should stand trial, because several lied to Congress during that investigation.

Taibbi's latest book is "Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America."

Listen: Robin Young's 2010 interview with Matt Taibbi on the "long con that is breaking America"

This segment aired on May 19, 2011.