Wednesday, October 1st, 2008

Michael Lewis subprime parable

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Michael Lewis, the author of “The New, New Thing,” recently rented out the biggest mansion in New Orleans, a house he’d lusted after as a boy and found overwhleming once he moved in. He also found that being inside a house thats way beyond your means, even if you’re renting it, says a lot about both the American psyche and the subprime mess the US currently finds itself in.

Warren Frey is a journalist, freelance writer, podcaster, video producer, and all-around media consultant currently based in Vancouver, Canada. His written work has appeared in such publications as Metro Vancouver, the Westender, Mac | Life and the Japan Times.

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