For those with time on their hands: the Edmund Andrews story, which I linked to a little over a week ago, has gotten even more interesting (hat tip to Randy). First, Megan McArdle noted an important omission from his story: his wife had filed for bankruptcy twice before, including as late as 2007. She also argued that his book, more so than the Times’ article I linked to, attempts to place the blame for their troubles more squarely on the shoulders of the mortgage industry.
Andrews and The New York Times ombudsman responded; you can read Brad DeLong and Maguire return the volley with a dose of invective. McArdle considers Andrews’ explanation here. Meanwhile, early reviews of his book at Amazon are pretty negative.
Also: for those still following the Chrysler and GM bankruptcies, the head of the NCEO clarifies that the equity shares granted to UAW do not in fact constitute employee ownership. I’m glad for the clarification.