Florida | Harper's Magazine - Part 7
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Florida

Bleak Houses

Digging through the ruins of the mortgage crisis

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Weekly Review

Caught in the Web, 1860. After many years of increasing borrowing and at least thirteen months of evidence of an impending catastrophe, American financial institutions faced the worst credit crisis…

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Weekly Review

The Treasury Department seized control of mortgage and loan giants Fannie Mae and Freddie Mac, firing the companies’ chief executives and promising to provide as much as $200 billion to…

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Weekly Review

One million people fled New Orleans to avoid Hurricane Gustav, which landed in Louisiana as a weakened category-2 hurricane and caused relatively little damage. Mississippi officials ordered people still living…

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Weekly Review

Caught in the Web, 1860. Senator “Uncle” Ted Stevens, the longest-serving Republican in the Senate and “Alaskan of the Century,” was indicted for seven felonies related to unreported gifts worth…

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Weekly Review

Caught in the Web, 1860. Oil reached a record $139.89 a barrel. Four Western companies met with Iraq’s Oil Ministry to finalize no-bid contracts to tap Iraqi oil fields, and…

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Weekly Review

Scott McClellan published a memoir about his stint as President George W. Bush‘s press secretary from July 2003 to April 2006. In the book, McClellan says that he does not…

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Weekly Review

After John McCain swept Republican contests in Ohio, Rhode Island,Texas, and Vermont and secured by some counts the delegates required for his party’s nomination, his rivals Mike Huckabee and Ron…

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Weekly Review

Caught in the Web, 1860. Senator Barack Obama beat Senator Hillary Clinton by huge margins in primaries in Virginia, Maryland, and the District of Columbia, and Senator John McCain beat…

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