OverLeveraged — A Blog About Debt

"You will only be successful if you truly try to satisfy that burning desire inside you. And for you, that burning desire is to tell that story." – James McBride

Greed: Sometimes It’s Just Because You Can

David L. Sokol seemed to have it all. Born in 1956 as the youngest of five children in a second-generation immigrant family he worked himself up to become a highly … Continue reading

January 18, 2013 · 1 Comment

No NRA, Video Games Never Killed Anyone

There are many factors that added to what happened at Sandy Hook on December 14 last year, but video games is not one of them. December 14 cannot have been … Continue reading

January 14, 2013 · Leave a comment

Millionaire vs Millionaire: Are You Entitled To What You Make?

A quick look on an American and a Swedish multi-millionaire and their respective perception of one’s right to earned wealth. When the 30th edition of the Forbes 400 Richest Americans … Continue reading

January 8, 2013 · 1 Comment

The Thousands Who Will Suffer From The Act Of One

Families of 26 innocent victims will suffer lifelong pain from the event that took place in Newtown. But on Monday morning, thousands of young American men will also suffer from … Continue reading

December 16, 2012 · Leave a comment

The Eradication Of East Harlem Spells “Gentrification”

Rent-regulation and public housing initiatives have been two key contributors to preserving New York’s status as one of the world’s most diversified cities, but lack of funding in recent decades … Continue reading

December 11, 2012 · Leave a comment

Tax Cuts Erroneously Key Topic Of Fiscal Cliff Debate

The debate in Washington is as ongoing as it is intense. The only issue is that they are debating the wrong thing. Current status of the negotiations regarding the so-called … Continue reading

December 7, 2012 · 2 Comments

BER 14 Doing Work

As a class we have driven two blogs covering the two topics that have been central to the New York area this fall — the election and Hurricane Sandy. My … Continue reading

December 7, 2012 · Leave a comment

The Bond Market Doesn’t Believe in the Fiscal Cliff

Is the United States really facing the risk of falling back into a recession unless Obama and Boehner manage to strike an agreement prior to December 31? The consensus seems … Continue reading

December 5, 2012 · Leave a comment

The Fiscal Cliff Hysteria Is A Hoax

The United States will not tumble back into a recession whether the spending cuts and tax breaks do not get addressed prior to the Congress taking Christmas vacation — for … Continue reading

December 3, 2012 · 1 Comment

How Allan Sloan Created His House Of Junk

The 2007 Fortune feature “House Of Junk” exposed the flaws of a ballooning market of mortgage-backed securities prior to its crash and became not only an award-winning story but also … Continue reading

November 27, 2012 · 1 Comment

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