ST Alpha - "All I'm trying to figure out is how someone could somehow spend hundreds of millions in dollars." (Reading a Post)

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In response to "I haven't been around some the death of Michael Jackson but all I keep thinking is..." by Mel Profit

All I'm trying to figure out is how someone could somehow spend hundreds of millions in dollars.

Posted by Will Hunting (aka JoeMetz) Jun 26 '09, 10:16

and still end up hundreds of millions in debt.

Responses:

borrowing against the big payday at some point in the future... - znufrii Jun 26, 10:17 10
- [deleted] 1
  - ready as I'll ever be.... - znufrii Jun 26, 10:20
- but he had plenty of pay days -- nm - zork Jun 26, 10:18 7
  - and plenty of foolish investments to fritter it away, and a lifestyle that couldn't be maintained once they stopped coming in. -- nm - znufrii Jun 26, 10:20 6
    - exactly. he was living like "Thriller" on an "Invincible" cash flow -- nm - dug Jun 26, 10:22 5
      - I really think he got to the point where money, in particular, simply wasn't real to him. -- nm - znufrii Jun 26, 10:31
      - hard to imagine that anyone could not live on the income that the beatles catalog generates, but people are foolish -- nm - zork Jun 26, 10:24 3
        
        Or the hundreds of acres of California real estate. -- nm - Will Hunting Jun 26, 10:24 2
        
        file that under "foolish investments" - znufrii Jun 26, 10:30 1
        
        bull -- nm - zork Jun 26, 10:39
I really don't know but people seem to do it. See: Boxers. -- nm - Mel Profit Jun 26, 10:16 1
- Why they never learned Briefs' sense of fiscal restraint, I will never understand. - TFox Jun 26, 10:17

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