Yup, that’s not going to get sympathy from anyone. Man, pissing 4 million away on lawyers. She could have found some inveestment that could have made 10% a year safely. Greed. Unabashed greed gets you from 4 million to broke.
Lawyers are happy, though.
some details of testimony here
And so are so the Obamoids - what on earth does Romney have to do with it?
They’re desperate and desperate people do stupid things. This is not at all like the Bush DUI scandal in 2000 that nearly cost him the election.
Lawyers are happy, though.
You nailed it! Even a more modest annual ROI of 5% would have given her $200,000 a year to live on. However if she is a greedy idiot, more than likely receiving bad advice from her family & so-called friends & lawyers, the $4M wasn't enough, she wanted more & more & more. Serves her right.
In my big "D" 2 years ago, that was my biggest concern that my ex-wife was just out to maximize her gain from the divorce instead of a 50/50 split. Fortunately my lawyer convinced her lawyer who in turn convinced my ex, that 50/50 was going to be it and that was it. She ended up with $285K, so I don't think she is hurting too badly.
That $4 million, held in Staples stock that opened at 77 cents a share in 1980 would have been worth $134 million in April, 2010. $59 million today. Not including 30-odd years of dividends. Cry me a river.
I'd like to find one of those.
Got any suggestions?