Yesterday, Megan McArdle’s broke the news that Edmund Andrews’ wife has declared bankruptcy twice—a fact that wasn’t in the book or in his recent story in the New York Times Magazine.
I’ll let McArdle’s piece speak for itself. (UPDATE: Here’s Edmund Andrews’ response.) But it doesn’t surprise me that a missing detail like this emerged. In [...]
Entries Tagged as ‘debt’
May 22, 2009
Edmund Andrews: the missing bankruptcies (UPDATE)
May 17, 2009
Why I can’t feel sorry for Edmund Andrews
This week, a lot of people are talking about the story Edmund Andrews wrote in the New York Times Magazine. Andrews took out a mortgage he couldn’t afford, ran up $50,000 in credit card debt, and is now facing foreclosure.
How did it happen? He says, “The money was there, and I was in love.” Optimism, [...]
November 6, 2008
How can I pay off debt and save at the same time?
I recently received this email from a reader:
My husband and I have a lot of debt, including student loans with a pretty low interest rate and about $5,000 in credit card debt from our recent wedding. But I still want us to be saving–I feel nervous without building up a nest egg. It’s totally paradoxical to try [...]
