I agree, but I think it's just part of the beast. Investors don't want garbage like this (clear lapses in judgment that have little to do with the business itself) affecting their prospects of a return, and quiet discipline allows the Gawker/Tumblr/Reddit/Twitter/blog complex to spiral out of control in a positive feedback loop of outrage and speculation.
And while you say Moghadam has been 98% perfect, that doesn't really change the fact that the other 2% of his behavior would have had him instantly fired multiple times over in any other setting. I think his removal will allow Rap Genius to clean up its image a bit.
He has had a pattern of this stuff and I can;t really think of another way they could have done it, but all of these stories are starting to read like TMZ.
And while you say Moghadam has been 98% perfect, that doesn't really change the fact that the other 2% of his behavior would have had him instantly fired multiple times over in any other setting. I think his removal will allow Rap Genius to clean up its image a bit.