What I’m Reading


Spawning Salmon
How the financial blogosphere gave birth to Felix Salmon.


A House, A Mortgage, A Mess

There’s nothing exceptional about the boxy-looking two-family at 13 Essex Street in Revere, Massachusetts.

What is remarkable is the story behind a subprime-mortgage deal that allowed a lab assistant making about $36,000 a year to buy the property with $670,000 in loans.

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