Chris Lehmann devastatingly mocks the cloud of breath that New York magazine leaves on the condo windows and limousine windows of Manhattan, in its desperation to get close to the rich. But Gabriel Sherman’s piece effectively answers something I didn’t get about Fred Goodwin’s apparently principled stance in his refusal to give up his bonus. What was the principle he thought he was at stake? Sherman’s article lets us know what moral code the effectively amoral rich thought they were living by. Fascinating stuff.