Happy Thursday! It’s all going to be okay! Here’s what’s happening on the interweb:
1. Why Only One Top Banker Went to Jail for the Financial Crisis
The New York Times did a nice feature on Kareem Serageldin, the only top banker to go to jail for the financial crisis (I assume most likely because his name was Kareem…).
2. Toronto Mayor Rob Ford To Seek Help For Substance Abuse, Lawyer Says
Toronto Mayor Rob Ford will take a leave of absence to seek help for substance abuse, his lawyer said Wednesday, as a report surfaced about a second video of the mayor smoking what appears to be crack cocaine. “Hoser set me up!” Ford immediately replied upon learning of the news.
3. EXCLUSIVE: Shepard Smith Calls Gawker Story “Horsesh*t” in E-Mail To Staff
Our very own Chez Pazienza has known Shepard Smith for years, and that meant that he was first to know about Shepard Smith’s feelings on JK Trotter’s story on Gawker: “Things you might read today are horseshit. As phony as 24-hour breaking news on The Plane Channel.”
4. The Onion’s New Project Sets Its Sights on BuzzFeed, Upworthy
This June The Onion will launch Clickhole.com, a website that will focus on “putting content and sponsored posts side by side, with barely any distinction between them,” according to Jim Haggerty, an Onion News Network host played by Brad Holbrook.
Meanwhile, Buzzfeed head Jonah Peretti is still adamant that his site is in fact, a real outlet for journalism.