In case you’ve still got money in a bank, Bloomberg is warning that defaults in commercial real estate loans could “topple” hundreds of US banks. Leaving taxpayers on the hook for trillions in losses. The note, by Senior Editor James Crombie, walks us through the festering hellscape that is commercial […]
Frankenstein Was the Foreshadowing
Two years before lockdowns, the world celebrated the 200th anniversary of Mary Shelley’s classic Frankenstein, about which a wonderful movie was released on the author’s life and thought. At the same time, there was a book and an exhibit at the Morgan Library, and growing controversies about the personal and political ethos that a generation of […]