But in 2004, I joined millions of otherwise-sane Americans in what we now know was a catastrophic binge on overpriced real estate and reckless mortgages. Nobody duped or hypnotized me. Like so many others — borrowers, lenders and the Wall Street dealmakers behind them — I just thought I could beat the odds. We all had our reasons. The brokers and dealmakers were scoring huge commissions. Ordinary homebuyers were stretching to get into first houses, or bigger houses, or better neighborhoods. Some were greedy, some were desperate and some were deceived.
As for me, I had two utterly compelling reasons for taking the plunge: the money was there, and I was in love. It was August 2004, just as the mortgage party was getting really good. I was 48 years old and eager to start a new chapter in my life with Patricia Barreiro, who was then my fiancée.
sábado, 16 de mayo de 2009
Más periodismo
Sen-sa-cio-nal The New York Times Magazine. Uno de sus especialistas en economía, Edmund L. Andrews, cuenta en primera persona cómo se ha arruinado por una hipoteca basura, cómo todo eso casi arruina su segundo matrimonio con Patricia -una argentina-, cómo un descuidero chanta le robó la cartera.
Una historia de medias verdades, riesgos financieros y amores otoñales. Rien ne va plus!
Entretanto, los colorines dominicales de algunos diarios siguen apostando por la memez y la irrelevancia, el falso glamour y los cronómetros de mil euros que nadie puede comprar. O por el porno editorial y comercial.
Si les gusta lo del NYT (No Faltaría Más) pasen y vean Living With Less: las fotos que los lectores envían para documentar la crisis, la recesión, el credit crunch.
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Creatividad,
Credibilidad,
Edición,
The New York Times
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