The Colossal Failure of Racket is Now Complete

MTaibbiTwitterPicMatt Taibbi, what have you wrought?

While the jury is still out on exactly how much blame the high-flying journalist, now safely back at Rolling Stone, must bear for the implosion of First Look Media’s Racket, his abrupt exit has been followed today by a curt and even more far-reaching announcement. Right in the heart of Thanksgiving week:

Since Matt Taibbi’s departure, we’ve been working with the team he hired to consider various options for launching a project without him.

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