Monday, January 26, 2009

Clawback!

Fallen Lehman Brothers Chief Executive Richard Fuld sold his $13.3 million mansion to his wife for just $100 last November, according to Florida real estate records.
Just your average arm's length transaction, no doubt. The real estate market in Florida is so depressed that it is reasonable to sell a mansion that cost over $13 million in 2004 to someone in 2008 for $100.

Yeah. Riiight.

(Sometimes I just crack myself up)

1 comment:

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