Not to overuse the term, which has gotten more than enough play in the past few months, but a new, front-page column in the WSJ is practically screaming schadenfreude.
It's called "The Fallen", and it's described by the paper as a series highlighting, "the declining fortunes of leading business figures." And in case you're more of a visual learner, it is accompanied by a little picture of a red arrow zig-zagging upwards before dropping precipitously to zero.
I mean, this is a paper that carries advertisements for 50-year old scotch and hundred-thousand dollar watches. Its target audience doesn't typically like to read about how many rich businessmen are failing these days. These people are those rich businessmen. Or should I say, were...
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