Saturday :: Nov 15, 2008

Open Thread


by Mary

What do you know? The lousy economy sucks even for the very wealthy.

In the past year, the couple...have watched helplessly as General Growth stock has fallen 99 percent, from a high of $51 to a recent 35 cents a share. The assorted Bucksbaum family trusts, once worth a combined $3.6 billion, are now worth less than $25 million.

Sure is a relief that Tom continues to have a good earning potential based on his books, newspaper column and media appearances. Otherwise, they'd really have to worry about the future. (h/t Atrios)

This is an open thread.

Mary :: 12:00 AM :: Comments (7) :: Digg It!