From a CEO to being a pizza delivery boy.

wj4 · 03-21-2009, 04:45 AM

What a downer. I'm hoping he can pull it back up as time goes by, for the sake of his kids.

http://cosmos.bcst.yahoo.com/up/play...26720&src=news

Hoothout · 03-21-2009, 10:05 AM

hahaha i watched this last night on yahoo, i couldnt stop laughing, he was a fool about his investments

TheAcAvenger · 03-21-2009, 10:12 AM

Honestly, I grew up in a neighborhood where a lot of people made $750k a year... and none of them had houses like that. Owing $100k on credit cards? That guy is just an idiot. I respect his humility for being a pizza boy though.

Sara · 03-21-2009, 10:24 AM

Savings savings savings.

just4kickz · 03-21-2009, 12:44 PM

Quote:

Originally Posted by Sara504

Savings savings savings.

the guy had savings... his business just failed and he had ridiculous debt.

ejazbmw · 03-21-2009, 12:54 PM

i read this on yahoo and was shocked

MCMLXXXIX · 03-21-2009, 02:56 PM

thats sad

BMW F22 · 03-21-2009, 03:01 PM

It's always sad to hear about things like that. It's scary how life can change so much and so quickly. I hope he will turn things around soon.

Riss Racing · 03-21-2009, 03:17 PM

Very sad to watch...I hope things turn around for them!

spacedogg · 03-21-2009, 03:19 PM

Yikes. That's really too bad...

MDCTFTW · 03-21-2009, 03:38 PM

So he has no other skills? That = fail.

O-cha · 03-21-2009, 03:43 PM

Wow, that's the stupidest thing I've ever seen. Him and the reporter should both be shot.

ejazbmw · 03-21-2009, 03:55 PM

Quote:

Originally Posted by MDCTFTW

So he has no other skills? That = fail.

maybe but do you realize how hard it is to find another well paying job in todays economy?

xg3 · 03-21-2009, 04:05 PM

2 years and still keeping that mansion...

FAILED.

BrianDesigns · 03-21-2009, 04:37 PM

This reminds me of Eric Cartman when he bought that theme park. Coincidentally this guys last name is Cartman aswell.

NewSong · 03-21-2009, 04:38 PM

At least he had the humility to get another job for his families sake.

I know guys making $60,000 who wouldn't stoop down to a pizza guy job because of pride.

The_Blob · 03-21-2009, 04:39 PM

My uncle owns over ten homes and they're worth over 10 million dollars in total. His main job pays over 30 dollars an hour but he still sometimes works on the weekend delivering for restaurants. He never owned a luxury car in his life and as far I remember, his first import car was a Corolla and he drove it till it complete rusted big time and the car he is driving right now is a used last generation Camry V6. Sometimes you just have to save money to make money. Just common sense.

BMW F22 · 03-21-2009, 04:50 PM

Quote:

Originally Posted by BrianDesigns

This reminds me of Eric Cartman when he bought that theme park. Coincidentally this guys last name is Cartman aswell.

Umm...this guy's name was something like Karpman I believe.

wj4 · 03-21-2009, 04:59 PM

Quote:

Originally Posted by NewSong

At least he had the humility to get another job for his families sake.

I know guys making $60,000 who wouldn't stoop down to a pizza guy job because of pride.

+1. I give him big props for swallowing his pride and getting a job, regardless of what it was. Most guys would commit suicide if they were to lose their good paying job, it's been documented. I read a research conducted by a professor in my university and most guys said that they can't take the feeling of losing the house, cars, etc., basically everything they worked for.

I'm surprised that he would put all of his eggs in one basket, being in the profession he was in and all.

He's not by himself though, a lot of people are living way outside of their mean. Like one of my neighbors...he was stressing about being short on money a couple of months ago and 3-4 days ago he got a new M6. This car is the 4th one in the household and it hasn't moved since the day he brought it home. Hell take this board for example...one day you see a "check out my new rims" thread, 2 weeks later you see a "hey guys I'm about to lose my job, I need someone to assume my lease" being posted.

BillLee · 03-21-2009, 05:00 PM

atleast his wife didnt leave him...or did she? 0_o

MDCTFTW · 03-21-2009, 06:57 PM

Quote:

Originally Posted by ejazbmw

maybe but do you realize how hard it is to find another well paying job in todays economy?

Someone with his expertise could surely do better than $7/hr. How about high school econ teacher? Or perhaps this is a media stunt.

And why is he still in that same house? I guess I can see why his hedge fund failed ... he's not good with money.

ejheverest · 03-21-2009, 07:08 PM

doesn't matter how much you make, you should always save 20% of your income and have an emergency fund(atleast 6 months of bills worth)
This guy lived well beyond his means and is paying the price now, hopefully he will learn a lesson from all this. I wouldn't own a house like that unless I had enough to pay the house off in cash and enough to retire on comfortably.(3-5 million)

03-21-2009, 04:45 AM	#1
wj4 Major General 355 Rep 7,719 Posts Drives: E90 manual 335i Join Date: Nov 2006 Location: Burbank, CA iTrader: (8)	From a CEO to being a pizza delivery boy. What a downer. I'm hoping he can pull it back up as time goes by, for the sake of his kids. http://cosmos.bcst.yahoo.com/up/play...26720&src=news
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03-21-2009, 10:05 AM	#2
Hoothout Colonel 62 Rep 2,799 Posts Drives: 2008 BMW E92 328i Join Date: May 2008 Location: Brentwood, TN iTrader: (0) Garage List 2008 e92 328i [0.00]	hahaha i watched this last night on yahoo, i couldnt stop laughing, he was a fool about his investments __________________ 2008 SG E92 328i iDrive,Premium Pkg,Sport Pkg,Cold Weather pkg,Black Dakota Leather,GP Thunder 8500k cornering,drl,and foglights, ,Blacked Out Grills,Painted Reflectors,Shadowline Emblems,Hardwired Beltronics V-995, AFE Intake, Muffler Delete, Berger tune
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03-21-2009, 10:12 AM	#3
TheAcAvenger Brigadier General 137 Rep 3,132 Posts Drives: 2018 R35 GTR / 2007 E92 335i Join Date: Apr 2006 Location: 757 > Nova > Denver iTrader: (1)	Honestly, I grew up in a neighborhood where a lot of people made $750k a year... and none of them had houses like that. Owing $100k on credit cards? That guy is just an idiot. I respect his humility for being a pizza boy though. __________________ 2018 R35 GT-R Cicio800 \| 2007 E92 335i - RB Turbos, TC Kline DA Coils, HPA M3 Suspension, Quaife LSD, Stoptech BBK, JB4, FuelIT, AR Downpipes, RDSport Quads, Stett OC, Helix IC, Volk TE-37, Vorsteiner V-35, OSS Headlights \| Retired - 2015 F82 M4
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03-21-2009, 10:24 AM	#4
Sara Lieutenant General 5880 Rep 17,879 Posts Drives: A car Join Date: Aug 2007 Location: Nola iTrader: (6)	Savings savings savings.
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03-21-2009, 12:54 PM	#6
ejazbmw blahhh 315 Rep 6,355 Posts Drives: 2014 M235I Join Date: Apr 2007 Location: NJ/NY iTrader: (7)	i read this on yahoo and was shocked
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03-21-2009, 02:56 PM	#7
MCMLXXXIX wat 240 Rep 3,406 Posts Drives: a gr3at whit3 5hark Join Date: Oct 2008 Location: Oct 2008 iTrader: (0)	thats sad __________________ 2012 Toyota Highlander SE - PAST - 2008 e92 335i, 2006 e90 325i
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03-21-2009, 03:01 PM	#8
BMW F22 Major General 3654 Rep 9,783 Posts Drives: ///M235i Join Date: Nov 2005 Location: Bay Area iTrader: (8)	It's always sad to hear about things like that. It's scary how life can change so much and so quickly. I hope he will turn things around soon.
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03-21-2009, 03:17 PM	#9
Riss Racing Banned 278 Rep 2,650 Posts Drives: E60 M5/E92 335/HUMMER H2 Join Date: Jun 2007 Location: Irvine, CA iTrader: (7)	Very sad to watch...I hope things turn around for them!
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03-21-2009, 03:19 PM	#10
spacedogg Colonel 201 Rep 2,816 Posts Drives: Debadged Join Date: Aug 2006 Location: Vancouver, BC iTrader: (0)	Yikes. That's really too bad...
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03-21-2009, 03:38 PM	#11
MDCTFTW Lieutenant Colonel 126 Rep 1,972 Posts Drives: E92 DCT Join Date: Apr 2008 Location: Norcal iTrader: (0)	So he has no other skills? That = fail. __________________ MDCT ... so you can drive and eat a hamburger at the same time.
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03-21-2009, 03:43 PM	#12
O-cha Brigadier General 230 Rep 4,726 Posts Drives: Mcoupe Join Date: Oct 2007 Location: In front of you iTrader: (2)	Wow, that's the stupidest thing I've ever seen. Him and the reporter should both be shot. __________________
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03-21-2009, 04:05 PM	#14
xg3 Private First Class 7 Rep 145 Posts Drives: Was 03 Z4, now 10 GTI Join Date: May 2008 Location: Toronto iTrader: (0)	2 years and still keeping that mansion... FAILED.
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03-21-2009, 04:37 PM	#15
BrianDesigns New Member 2 Rep 10 Posts Drives: Legs Join Date: Sep 2008 Location: Montreal iTrader: (0)	This reminds me of Eric Cartman when he bought that theme park. Coincidentally this guys last name is Cartman aswell.
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03-21-2009, 04:38 PM	#16
NewSong Just another jerk in a hat... 119 Rep 1,462 Posts Drives: 2005 Ford Focus Join Date: Oct 2008 Location: Irvine iTrader: (0)	At least he had the humility to get another job for his families sake. I know guys making $60,000 who wouldn't stoop down to a pizza guy job because of pride. __________________ He brought me up also out of a horrible pit, out of the miry clay, and set my feet upon a rock, and established my goings. And he hath put a new song in my mouth.
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03-21-2009, 04:39 PM	#17
The_Blob Second Lieutenant 501 Rep 298 Posts Drives: 2008 E92 335i Join Date: Dec 2005 Location: Canada iTrader: (0)	My uncle owns over ten homes and they're worth over 10 million dollars in total. His main job pays over 30 dollars an hour but he still sometimes works on the weekend delivering for restaurants. He never owned a luxury car in his life and as far I remember, his first import car was a Corolla and he drove it till it complete rusted big time and the car he is driving right now is a used last generation Camry V6. Sometimes you just have to save money to make money. Just common sense.
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03-21-2009, 05:00 PM	#20
BillLee Major General 706 Rep 5,382 Posts Drives: E92 M3 Join Date: Oct 2007 Location: HTX iTrader: (21) Garage List 09 E92 M3 [9.00]	atleast his wife didnt leave him...or did she? 0_o __________________ Follow me on instagram: billy.by
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03-21-2009, 07:08 PM	#22
ejheverest First Lieutenant 29 Rep 395 Posts Drives: E90 SG 330i Join Date: Nov 2006 Location: Mass, NH, Maine, Virginia iTrader: (0)	doesn't matter how much you make, you should always save 20% of your income and have an emergency fund(atleast 6 months of bills worth) This guy lived well beyond his means and is paying the price now, hopefully he will learn a lesson from all this. I wouldn't own a house like that unless I had enough to pay the house off in cash and enough to retire on comfortably.(3-5 million) __________________ SOLD......E90 SG, ColdWeather Pckg, Sport Pckg, Logic7,H R Sports, Rogue Ikon, M sport shift knob/boot
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