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How Fox News Created a New Culture of Idiots

Cable news has created an entirely new breed of blowhards -- and the style has infected banking and even the arts.

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This hardly means that all or even most bankers are delusional assholes; some genuinely do understand why the public would be enraged. Carmine Visone, an older-school Lehman Brothers managing director, could never believe his social worth was what he was being paid and so served the homeless out of gratitude and responsibility to society. Still, a delusional banking culture makes being an asshole especially easy, which may itself explain why asshole bankers seem in abundance lately.

Excerpted from  “Assholes: A Theory” by Aaron James. Reprinted with permission from Doubleday, a division of Random House Inc.

 

 
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