The foreclosure mess is far messier due to alcoholism. The cases of Ed McMahon, U.S. Rep. Laura Richardson and Evander Holyfield.
Foreclosures and alcoholism: Johnny Carson sidekick Ed McMahon, U.S. Rep. Laura Richardson and boxer Evander Holyfield
In the August 2007 www.ThorburnAddictionReport.com top story, "The Mortgage Mess, the Real Estate Bubble and Alcoholism," I suggested that the bubble and its aftermath were at least partly a result of alcoholics doing what they do best: inflating the ego. Any one of a set of common spin-offs of egomania"grandiosity, excessive optimism, a sense of invincibility and excessive risk-taking"can cause the afflicted to take chances that sober individuals would rarely consider. Another set"infectious enthusiasm, all-too-believable lies, charisma, charm and a "rules-don't-apply-to-me attitudeâ€"can be used to cajole others into accepting risks they would never otherwise take. Such risks, as shown in "Drunks, Drugs & Debits: How ...
