and why don't I think it isn't just the idiot financial corporate media that does this really hilarious stuff. Anyway I enjoyed reading the article and I'm still laughing.
The Business Press and the Cult of Personality
A misplaced emphasis on celebrity over substance got us into this mess
"In times of great troubles, it is natural to look for a savior, someone who can get us out of trouble with a wave of the hand and a confident smile.
The business media is like that. It is never ceases to look for—and find!—saviors of corporations, investment banks, even the entire financial system, despite the fact that these dear leaders, one by one, invariably, inevitably, fail. In this, they remind us of members of certain Hasidic sects, who, impatient for the coming of the Messiah, are given to chanting: “We want Moshiach NOW!”
The birth and death of false idols in the business press is a strange and important phenomenon. Strange because it keeps happening. Important because it is a symptom of a serious weakness in coverage. It reflects the fact that the press is clinging to an old narrative, built around Wall Street Masters of the Universe.
...
Elinore Longobard
CJR
February 19, 2009
Celebrities, celebrities everywhere and nary a brain to play on the floor with so-to-speak?
The frivolity in ordinary life, with its focus on the nonsensical, has, in effect, shifted to even those in whom people really do need to have some trust.
Those we need to trust in our complex societies (yawn) are more concerned about visibility than simple merit. The average politician, talking head, financial wizard, you name it, is not much better that the average serial killer, pedestrian author or actor/actress in their manufacturing of fairy tales with no purpose but to massage poor egos.
Really, too, too funny, eh. I know too much moralizing.