Fuld Again
by QuestionGirl • Monday, January 26th, 2009 - 7:47 pmHousing prices are falling around the country, but this one sounds hard to believe: A seaside mansion on Jupiter Island in Florida, bought for more than $13 million five years ago, was just sold for $10.
That’s right, 10 bucks. But in this case, the transaction is likely to raise eyebrows for reasons other than the price.
The seller, according to county records, was Richard S. Fuld Jr., the former chairman and chief executive of Lehman Brothers. The buyer was his wife, Kathleen.
More at NYT
January 26th, 2009 at 8:55 pm
They live an entirely different life than the rest of us. And they are our political leaders too. But for some odd reason we think they can relate to our everyday hardships. We truly are delusional, and they're thankful for that.