But Zuckerman according to legal records is also a losing gambler and failed day-trader who sold his pediatric practice and filed bankruptcy a year ago.
Let's go to the instant replay, folks. What did the court decision really say?
In May 2010 (after the bench trial, but before the judgment was entered) Stratford Pediatric sold its assets to Central DuPage Hospital for $333,000.00 in cash. This money was mostly transferred to Zuckermans personal accounts. He soon went on a gambling and day trading spree and lost all of the money. In July 2010, Zuckerman moved to Louisiana. On September 15, 2010, Zuckerman filed a chapter 11 petition in the Western District of Louisiana. His creditors include, among others, Stratford Center (with claims of $675,000.00), his ex-wife (with claims of $89,000.00), and the IRS (with claims of $50,000.00).
These actions aren't just a "losing gambler". These actions indicated someone that may have a serious gambling problem.
Instead of using the proceeds of the sale of the practice to pay off the past-due rent, he gambled it away.
Of course, the author subsequently explains why he/she chose to gloss over this little tidbit:
Maybe it's because I've already decided which side I'm on, but this "scorched earth campaign," as Allred calls it, is beginning to seem almost as tawdry as the reaching-under-the-skirt thing.
For the record, I don't believe Cain's denials. But then I think the candidate is a buffoon; Donald Trump with less hair and a better barber.
You don't really believe he lost that money gambling, do you?
My bet is that money is hidden in an account which cannot be traced.