His fall from grace is notable and positive for two reasons.
1) Now that a liberal has actually suffered for espousing bigotry, we will begin having a rational discussion about the issue of bigotry and how it should be punished. When it was Trent Lott, and Rush Limbaugh, the media chorus was an uncritical "Off with their heads!!"
Now that one of the liberal, elitist media's own, an editor at The New Republic, got wailed on, the journalists may think twice before convening the lynch mob for future stupid and tasteless public remarks.
2) The left has had it's sordid underside revealed in all of it's hating putridity. Easterbrook could have called Eisner a bloated greed-bag, or a criminal exploiter of violence and near-pornography for filthy lucre. This would accurately encompass who Eisner is and hardly paint him a portrait he'd want hung at The Hirschorn.
Instead, when Easterbrook really wanted to load up and bring it with the ad hominem vituperation, he had to play the race card. He had to describe the aspect of Eisner's core that he truely found most loathesome. Instead of the greed, the corruption or the hideously tacky bling-bling, Easterbrook called him a hook-nose. That was the aspect of Eisner's being Easterbrook found most hateful. Easterbrook is a bigot, QED.
I haven't read the original Easterbrook piece. I read one PARTIAL defense of Easterbrook (and I stress it was only a partial defense, whose author still thought Easterbrook was right to apologize) indicating that Easterbrook had meant to criticize the executives for going against the tenets of their religion, just as one might criticize Ted Kennedy for going against the Catholic stance on abortion. But I'm ignorant of the underlying material, as I said.
After all The two great socialist movements of Europe (19th and 20th century) have always hated the juden, but never admitted their hatred.
Character doesn't matter. Especially that of a racist enciting others to join in his bigotry.
Unless, of course, your not a liberal.
As Peggy Noonan once said, be good to your troop to the extent one can in conscience.
The real outrage here is that Michael Eisner at Disney fired Easterbrook in a heavy-handed overreaction to a little heat. The fact that he can reach down from the top of Disney and swat little Easterbrook at ESPN should give pause to all of us who are worried that the tight consolidation of media outlets in this country is choking off freedom of expression.
Another thing to be aware of with Easterbrook is that, although he is considered left-of-center (barely), he has done lots of heavy lifting for conservatives through his excellent and learned polemics against radical environmentalists. The guy is a highly competent science writer who has flayed the tree-huggers alive on numerous occasions.