Video: The New Yorker brands FLA ‘The Ponzi State’ for its real estate
February 4, 2009 at 12:45 pm by Wayne Garcia
My favorite magazine, The New Yorker, has taken a blowtorch to Florida, rightly branding it “The Ponzi State” in an article just hitting subscribers’ mailboxes. The article details how fraud and greed created the housing bubble in Florida, and its subsequent collapse and recession. Creative Loafing owner Ben Eason is even quoted. The story is available online only to subscribers, but here is what Ben’s mentions look like:
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Video of The New Yorker reporter here.
Media Watch: The piece also quotes St. Petersburg Times‘ reporters Michael Van Sickler, Doug Bennett and James Thorner, as well as the Miami Herald. The Tampa Tribune is mentioned only as a newspaper laying untouched on an abandoned driveway in Pasco County. Its reporting is not mentioned.
