“Only institutions that go about the old-fashioned business of taking in deposits from customer A and lending them out to customer B should be called banks. The rest should call themselves what they are. 'Parlors' would be appropriate, or 'dens' - words more suitable to venerable betting pursuits.”

Canadian journalist and magazine editor

Graydon Carter is a Canadian journalist and magazine editor. Born in 1949, he is best known for leading Vanity Fair from 1992 to 2017 and for helping found the satirical magazine Spy in 1986. He co-founded Spy with Kurt Andersen and Thomas L. Phillips, Jr., and later co-launched the weekly newsletter Air Mail with Alessandra Stanley in 2019. His career has centered on long-form journalism, magazine culture, and a polished, media-savvy view of public life.