'Times' Dumbs Down Dumb Crisis
Yes, the New York Times sometimes accidentally lets a freelancer conduct an interview at a classical theater where she is a member of the board. And other times, the paper omits a divorce from the vows section under pseudo suspicious circumstances. But today, the New York Times explains, at depth and in language suitable for liberal arts graduates, the whole subprime mortgage situation. I think it has something to do with collapsing interest rates, a housing bubble and a domino effect? But the point is, I'm ready for a dinner party with rich people. Thanks, guys! [NYT]