Economics

Oh, Did I Forget to Mention the Part About My Second Wife Being a Serial Bankruptcy-Filer?

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Remember that confessions-of-an-upper-class-bankruptcy story by the New York Times econ reporter that Tim Cavanaugh mocked a few days back? The one in which the soul-baring author aims to convince us that something must be wrong with a system that allowed for his failure? Well, The Atlantic's Megan McArdle has done some actual investigating into the various bankruptcy filings and discovered that there's quite a bit of relevant data he left out.