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FWIW I became $500k richer this year and my happiness has not changed a bit. Same highish functioning depression.

But purely see money as something that gives you options to do more things, not as something that allows me to buy a yacht, car, or McMansion. But I suffer from the paradox of choice and get anxious over feeling like I'm not making the right choices.

I don't care to name names, but if you've read the book you should know who I'm talking about and can easily search on LinkedIn for this person.

Does Google even have a "Data Scientist" title? I don't think I've ever come across a JD for one.

Might be one of the most overrated jobs, other than product manager.

Sure, would have no issue with an IC or someone not cozy with management, but this was a specific senior HR person close to Balwani who was complicit in intimidating/spying on employees and trying to get them to sign shady NDAs, among other atrocities. And Google still hired them.

IMO it speaks to the "skills" that big tech want in their HR people. The fact that they did all these things is exactly what they look for in "good" HR people e.g. protect the company at all cost and no mercy for employees.

This is only semi-related, but I just finished Bad Blood (Theranos book) and started looking up some of the characters on LinkedIn to see what they were up to. The infamous HR person (Balwani's right hand person) just started a new position at no other than Google less than 2 months ago!

Having worked in tech for a few years now, it's pretty clear that Holmes is far from the only liar/sociopath/fraudster in the Valley. There's many just like her.

Read to the end.

She used the money to fully buy out her grandfather’s house in San Clemente, Calif. She jointly inherited it with other relatives and said she needed a loan to pay them for their shares of the property.

This is a highly unusual situation. She got a great deal on prime beach front Orange County property and could easily charge high rents to cover the mortgage and then some. The property will continue to grow in value. If she were really in a situation where she might default, her family would help her. This is not representative of any trend.

Hardly predatory. Hardly a "high risk" situation for either the bank or the borrower.

Assuming she and her siblings have a good relationship, if she were ever in a position where she might default then her family would help her. The pay out here was not purely transactional between strangers.

It says at the end, she'll rent out the rooms. San Clemente is in prime beach front Orange County. 1) She will be able to rent a single room for at least $750-$1000. 2) The property is in a highly desirable, wealthy area and will likely continue to grow in value over time. 3) Her earnings will grow over time once she graduates.

Unconventional is anything that is not underwritten in a conventional manner. A situation where you inherit a property and take out a mortgage to pay out others with shared inheritance in a property is almost certainly not representative of the underlying reason for the growth in the 3%. If the author is trying to imply a rebirth in reckless lending that caused the last recession then I'm arguing they picked the wrong subject. If it's because they couldn't actually find a subject that definitely should not have been given a mortgage then the entire premise of the article is wrong.

Read to the end...the example the WSJ used was not a normal situation. Shame on them for trying to use this person's story as an example of the "new normal." Hardly.

She used the money to fully buy out her grandfather’s house in San Clemente, Calif. She jointly inherited it with other relatives and said she needed a loan to pay them for their shares of the property.