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Deadspin and Revolt
Deadspin is dead. Long live Deadspin.
Funny, how rich, white assholes ruin everything.
Last month, the irreverent, biting sports blogging website had a mass exodus of writers and editors, following the owner’s edict of ‘stick to sports,’ after lying to advertisers about how the majority of stories were ‘sport-related.’
They weren’t, but that’s not the point, which everyone seems to miss. This is a story about greed and avarice in the post-print world of lawless, anything goes, gonzo vulture capitalism. The demise was a long time coming.
There are many versions of Private Equity firms. In the 1980’s and into the 90’s, they were called Corporate Raiders. Other People’s Money and Barbarians at The Gate were two novels, reports, plays and movies that captured the height of those times. Glengarry Glen Ross and Wall Street, with it’s 80s mantra “Greed…for lack of a better term, is good,” came to symbolize a generation of supply-side economics which has carried through to the current day.
