RollingStone's Matt Taibbi Joins Pierre Omidyar's First Look Media to Launch New Site

Pierre Omidyar's First Look Media is slowly taking shape as the go to place for journalist who are tired of being muzzled by their corporate overlords, a sort of whistle blower heaven. The latest journalist to leave an established media property to join Mr. Omidyar's movement is Rollingstone's Matt Taibbi. Mr.Taibbi will launch an online publication focused on financial and political corruption. The new site promises serious investigative content and fun all at the same time.

Mr. Taibbi is noted for capturing the spirit of the aftermath of the financial crisis with a series of articles in Rolling Stone that examined the misbehavior of Wall Street executives and the risky lending practices that led to a near collapse of the global economy. He used vivid writing and colorful language to describe the root causes of the crisis, including the now-famous metaphor he used to describe Goldman Sachs, calling the bank “a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”

source: nyt