There are still some
smart people left on Wall St. Hedge fund manager, John Paulson, made a cool $15B for his fund as the housing market imploded. His cut? $3-4B. Not too shabby for a year's worth of work.
[more inside]
posted by blahblah
on Sep 26, 2008 -
45 comments
One man's pocket change is another man's $3 million dollar home. Today, 3 previously homeless families were
handed the keys to homes located on one of Hawai'i's priciest streets:
Kahala Avenue. Japanese billionaire Genshiro Kawamoto has so far chosen 4 native Hawaiian families to live rent free for up to 10 years, making good on a promise made back in
November 2006. Obviously, Kawamoto's motives
are suspect, as his record as a landlord has been
rather tainted. And his approach to alleviating 4 family's homeless situation doesn't solve any systemic problems or go very far in providing long term solutions to homelessness. But for now, it's a feel-good story, and the start of an interesting sociological experiment...
posted by krippledkonscious
on Mar 23, 2007 -
22 comments
The Penthouse Wondering what to do with the $70 mil. that Granny left you in her will? You could buy that private tropical island you have had your eye on but that's a 30 hour trip in your private jet. Wouldn't you really be happier here?
posted by vronsky
on Sep 30, 2006 -
43 comments
Robert Johnson is the first black billionaire, and ranks #172 on the
list of richest Americans after he sold BET to Viacom. Does he have a social responsibilty to show more than T&A and comedy on BET, or is he being unfairly singled out?
posted by owillis
on Sep 29, 2001 -
32 comments