A Little Schadenfreude With Your Coffee?

The Atlantic‘s Matthew Yglesias this month analyzed the fallout from the mortgage-lending crisis and found an interesting aside: Some of the same people who made a killing trading in subprime mortgage debt may be losing their homes, if they haven’t lost them already:

(45 residences in Greenwich, Connecticut, home to many hedge-fund operators and investment bankers, were in foreclosure in the third quarter of 2007)

Article continues below
More from Politics
Mayor Bill de Blasio.
After Meeting with Feds, de Blasio Vows ‘It Will Be Quite Clear’ He Acted Properly