A strange, fascinating story broke last week, one that contains the darkness of the Trump campaign and that has, like the Trump campaign at times, the cadence of a joke. A thirty-two-year-old man named Colin Lokey confessed to Bloomberg that, until days earlier, he had been one of the unknown authors of Zero Hedge, a blog that combines analysis of the financial markets, emphasizing the essential corruption of Wall Street, with what CNNMoney once called “a deeply conspiratorial, anti-establishment and pessimistic view of the world.” Each post on Zero Hedge is written under the pseudonym Tyler Durden, Brad Pitt’s character from “Fight Club,” a workingman’s nihilist. Lokey revealed to Bloomberg last week that Durden was actually three men: two wealthy financial analysts, Daniel Ivandjiiski and Tim Backshall, and Lokey, a recent M.B.A. from East Tennessee State University—their hired hand.

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