Posted on 02/12/2016 6:18:59 AM PST by SeekAndFind
Consider the plight of Shari Redstone, the daughter of the billionaire media mogul Sumner Redstone.
Much of her family's fortune is tied to the ailing 92-year-old Mr. Redstone. He owns 80 percent and she owns 20 percent of National Amusements, the private business that controls two giant media companies -- Viacom and CBS. Upon Mr. Redstone's death, his interest passes to a trust with his grandchildren as beneficiaries.
But Mr. Redstone hardly set the stage for an orderly transition. He stubbornly held on so long as executive chairman of both CBS and Viacom that shareholders began to question his ability to run the company, especially after a former companion, Manuela Herzer, filed a lawsuit in November questioning his mental competence. He has lavished a fortune -- about $140 million, according to court filings and lawyers' claims -- on Ms. Herzer, who at one point was a romantic partner and was designated to take charge of his health care in the event he was found not to be capable. She also claims that Mr. Redstone's health worsened after he learned that another former girlfriend, Sydney Holland, was involved with another man.
Viacom stock has been plunging under the direction of its chief executive, Philippe Dauman, Mr. Redstone's handpicked successor and longtime confidant. Shares have dropped 27 percent this week and are trading at a roughly six-year low.
Restricted from seeing her father until last year, Shari Redstone, 61, spent the holidays with him and appears to be reasserting her interests. In October, Mr. Redstone barred Ms. Herzer from his mansion, revoked the health care directive and cut her out of his will. Ms. Herzer responded with a salacious lawsuit alleging that Mr. Redstone was mentally incompetent and had an insatiable appetite for sex and steak.
(Excerpt) Read more at nytimes.com ...
Isn’t it great to have the Donald Trump family as an example of a how you can be rich and nice and happy all at the same time?
Yeah, just keep getting married, having kids, having affairs, getting divorced, getting remarried, having more kids, more affairs, another divorce, more affairs, more kids another marriage, etc.
I wasn’t talking about King David, I was talking about Donald Trump.
You could keep getting married and just have more abortions instead of children. Would that be OK with you?
No, unlike The Donald, I’m prolife. The correct play would be marry one woman, have kids with her, stay faithful to her, stay married. Would that be OK with you?
He likes to eat steak? She shouldn’t have any trouble getting a vegan judge to declare him incompetent.
Forced to manage on less than a hundred million dollars....
Life is hell.
lol, seems some people really do want to elect a ‘savior’ to lead them all to the promised land. I on the other hand, am looking to elect a leader who has American interests first and foremost.
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