Megan McArdle posts Edmund Andrews’ response to her revelation of his wife’s bankruptcies. Megan concludes:
On a very broad note, I don’t see this as a story about the goodness or badness of Andrews or Barreiro–and I’ve been dismayed by some of the nastiness about her in comments here and elsewhere. Rather, I think this matters because the story Andrews told was basically about the subprime crisis, and the book casts him as a sort of everyman, lured in by cheap credit and a likeable scoundrel of a mortgage broker. That may be what happened to many, or most people in the mortgage crisis–but the back to back bankruptcies strongly suggest that this is not what happened to Andrews. That said, I think the story told with the bankruptcies included would still be a story well worth telling.
As Megan notes, even if Patty’s bankruptcies weren’t relevant, he should have brought them up to show they weren’t relevant.
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