busted

New York Times (NYT) economics reporter Edmund L. Andrews shocked his readers recently by revealing that he was on the verge of losing his house due to an ill-considered subprime mortgage. In his upcoming book Busted: Life Inside the Great Mortgage Meltdown, he details how he was sucked into buying...

In the coming years, many books will be written about the subprime fiasco -- most of them reported from the outside of the bubble looking in. If the authors look close enough, they might see Edmund L. Andrews staring back out at them. It will be hard for any chronicle of the bubble to match the...