default is fashionable

dissolving dollar soapAppropriately, Japanese toymaker Bandai sells 100-dollar Ben Franklins that dissolve in water. A pack of 10 notes is a steal at only 250 yen ($3.90).

Slate’s Daniel Gross asks, “If billionaires don’t feel guilty about walking away from their debts, should homeowners?”

Companies strategically default all the time.