There is some truth in your observations, at least as far as I can see. I hope Bannon lands on his feet and flourishes. Maybe a break will do him good.
He was a Goldman Sacs banker, I am sure he is just fine.
“Business career
Investment banking
After his military service, Bannon worked at Goldman Sachs as an investment banker in the Mergers and Acquisitions Department.[45] In 1987, Bannon relocated from New York to Los Angeles, to assist Goldman to expand their presence in the entertainment industry.[31] He stayed at this position with Goldman in Los Angeles for two years, leaving with the title of vice president.[46][b]
In 1990, Bannon and several colleagues from Goldman Sachs launched Bannon & Co., a boutique investment bank specializing in media. In one of Bannon & Co.’s transactions, the firm represented Westinghouse Electric which wanted to sell Castle Rock Entertainment.[37] Bannon negotiated a sale of Castle Rock to CNN, which was owned by Ted Turner at the time.[48] Instead of a full adviser’s fee, Bannon & Co. accepted a financial stake in five television shows, including Seinfeld, which was in its third season. Bannon still receives cash residuals each time Seinfeld is aired.”
Estimated net worth of $48mil.