Debt Rattle, September 2 2008: Schadenfreude

Detroit Publishing Co. Blackwell's Island Bridge, East River 1910Blackwell's Island is now Roosevelt Island, and the bridge is called the 59th Street (Queensboro) Bridge. Ilargi: I'm not a fan of expressions such as 'next shoe to drop' or 'next phase to enter', which are far too popular popular among reporters with limited imaginations and language skills.But I do think that we are seeing a