Busted: The New York Times's Edmund Andrews trips into the mortgage meltdown


In the coming years, many books will be written about the subprime fiasco -- most of them reported from the outside of the bubble looking in. If the authors look close enough, they might see Edmund L. Andrews staring back out at them.

It will be hard for any chronicle of the bubble to match the stomach-clenching verisimilitude of Busted: Life Inside the Great Mortgage Meltdown, Andrews's account of his own mortgage disaster. Andrews (right), an economics reporter for the New York Times, was covering the market meltdown as a journalist -- and, to his dismay, living the meltdown at home. Turns out all the economic expertise in the world couldn't keep the subprime crisis from tearing apart his personal finances and his new marriage.

Originally published