2nd Banker in Hotel Sex Bust

http://www.futureofcapitalism.com/2011/05/2nd-banker-in-hotel-sex-bust

"2nd Banker in Hotel Sex Bust" is the headline over a New York Post article about the arrest of a 74-year-old Egyptian for allegedly assaulting a maid at the Pierre. The first "banker" was Dominique Strauss-Kahn; Bob McTeer writes that Mr. Strauss-Kahn is "not a banker." The Egyptian reportedly now runs a salt company and used to be the chairman of a bank. It seems like "banker" has become a general-purpose synonym for "bad guy," and whenever anyone even tangentially related to the financial industry is caught or accused of doing something bad, that relation to the financial industry immediately becomes the most salient fact about the individual for headline purposes. This is such a strong tendency that it outweighs even xenophobia; the headline wasn't "2nd Foreigner in Hotel Sex Bust," but "2nd Banker..."

by Editor  |  May 31, 2011 at 9:50 am Related Topics:  Banking, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list