Melting Down

meltdown-wide

Robert Illes: A scant 11 months after British Petroleum’s deep water drilling gambit exploded, and kept profusely bleeding black blood into the Gulf of Mexico for weeks, the work of greedy, short-sighted men helped out immeasurably.

Did Greedy Homeowners Cause the Big Crash?

homeowners

Steve Hochstadt: We grredy American homeowners appear as co-conspirators in many judgments about what caused the great recession. In these interpretations, many of us were greedy for wanting bigger homes than we deserved, foolish to have then bought larger houses than we could afford, and stupid for agreeing to the low-interest/low-payment scams of mortgage sellers.

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