20 business icons who went broke
The lives of the rich go from boom to bust surprisingly often. Here are 20 stories of success found and lost (and sometimes found again), from worlds as diverse as Wall Street, rap music, baking and the big top, using Bing to help tell them.
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OOps - didn't quite complete the statement - BM is exactly waht his initials stand for - he and his family and cohorts should rot in hell for the suffering they caused. Forever.
The same for those who may be pulling schemes off schemes as I write this.
Investing your money at one time was the thing to do, but today we hardly get any interest or dividends on what we save.
I know this all has to do with the economy. I am not a professional and know just a fraction about investing, but I am not
happy with the turns on the investments I have made. I do not have all my apples in one cart, diverisifed very well, but not making any money. Only the very rich are making money on their investment because they have alot more than I invested. I will never re-coup what I lost during the Bush Administration, and stil not making any during the Obama Administration. There is no happy medium to this story. I do have a Financial Advisor who has tried to help me with decisions, but he can't control the market.
Best to not bank or invest your money save precious minerals. Use it to start business under the radar of tax boys. Barter, keep money in safe at home, offshore like Romney.
I know you cant do anything about that 401 k that the company runs but other than that do everything without banks.
Madoff should have been executed and those responsible for investigating allegations and did nothing should be executed along with him. $65 billion theft is enough to almost destroy American's confodence in the market and I know many who will never get in the market again.
They see it as run by crooks on Wall Street.
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