The rich financiers who brought the world economy to its knees: they're acting up! Lehman's failed chief is pulling shady real estate deals. Citigroup is wantonly buying expensive things. Let's jeer them, collectively!
"Dick" Fuld, who oversaw the collapse of Lehman Bros., is just barely scraping by after selling his multimillion dollar art collection. His wife has been shamed into concealing her luxury purchases! But can they fit an entire mansion into a plain brown wrapper? Because Dick just sold his $13 million mansion. To his wife. For less than 100 bucks.
“This is the oldest trick in the books” said Eric S. Ruff, a lawyer with Ruff & Cohen in Gainesville, Fla. “It’s common when you hear the feet of your creditors approaching to divest yourself.”
Feel the rage of the proletariat! In related news, multibillion dollar taxpayer bailout recipient Citigroup is buying a fancy new jet! Oh god so angry!
Beleaguered Citigroup is upgrading its mile-high club with a brand-new $50 million corporate jet - only this time, it's the taxpayers who are getting screwed.
Even though the bank's stock is as cheap as a gallon of gas and it's burning through a $45 billion taxpayer-funded rescue, the airhead execs pushed through the purchase of a new Dassault Falcon 7X, according to a source familiar with the deal.