Laughing as the Rich Go Broke | Talking Points Memo

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Why do the rich go broke? The question is titillating a little like peeking in the bathrooms of the Rich and Famous. And for those purposes, Timothy O’Brien’s piece in the NYT this morning is perfectly suited. Lots of juicy details about how the once-rich ran through their money.

This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1250424
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TPM: while I recalled reading Josh´s writing that you´d be reprinting some of Ms. Warren´s pieces again, you should make it explicit that this piece is from 2006, as the date line here indicates it´s from today.