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Sunday, May 17, 2009

You knew it, but you still did it

NYT's economics reporter, who had written many pieces on subprime mortgages and the "liar loans", told a vivid personal story of how he foolishly got into a mortgage he couldn't afford and ruined his personal finance.

My Personal Credit Crisis

(added on May 19, 2009): Now you can listen to the same story from On Point with Tom Ashbrook.