April 15, 2005

silhouette3.JPG From the desk of Jane Galt:

The Economics of Bankruptcy

If you're interested in the economic aspects of bankruptcy--and I'd argue that you should be much more interested in this than, say, whether Capital One is or is not the worldly embodiment of pure evil--then you should read this excellent post by William Sjostrom.

Y'all thought I was joking about how busy I was with bankruptcy, didn't you? Little did you dream . . .

Posted by Jane Galt at April 15, 2005 7:48 AM | TrackBack | Technorati inbound links
Comments
Posted by: David Thomson on April 15, 2005 8:36 AM

"Y'all thought I was joking about how busy I was with bankruptcy, didn't you? Little did you dream . ."

When are you filing? It must be your lavish lifestyle. Was it those wild weekends in Acapulco? The male stripper clubs can no longer be considered more important than paying your rent. Try limiting your food budget to $1.00 a day.

Posted by: Independent George on April 15, 2005 9:14 AM

Mr. Burns: Before you sign, are you perhaps familiar with this state's usury laws?

Homer: Huh?

Mr. Burns: Oh, look at that - I just went and made up another word that doesn't really exist. I do that sometimes - never mind, just go ahead and sign.

PS - anybody else having a problem signing into comments? Email address is required, but I keep getting bounced because there's suppposed to be a "1" in that address.

Posted by: speedwell on April 15, 2005 9:14 AM

David, that is the single most excellent, shining, golden example of pure, unadulterated brattiness I've seen since I was a brat myself. Nicely played. :)

Posted by: alkali on April 15, 2005 10:36 AM

Sjostrom (who has turned off comments) writes:

(Instapundit mentions the issue of attorney liability, but seriously, does anyone else care if a lawyer gets screwed?)

Um, maybe people who are in the market for a bankruptcy lawyer might care?

It's annoying to be lectured on microeconomics by people who ignore the subject when it's inconvenient.

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