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re: Jamal Lewis files for bankruptcy, is $10.5 million in debt

Posted on 5/28/12 at 8:33 am to
Posted by Cold Pizza
Member since Sep 2011
7639 posts
Posted on 5/28/12 at 8:33 am to
quote:

...he's got $14,455,854 in assets but he's racked up a whopping $10,566,764.18 in debts.


Why did he have to file bankruptcy? He's still $3.9m in the green.

And not all poor people are bad with money. What about the stories of Depression-era people who lived poor all their lives but died with millions?
Posted by jcole4lsu
The Kwisatz Haderach
Member since Nov 2007
30922 posts
Posted on 5/28/12 at 8:35 am to
quote:

And not all poor people are bad with money.

no one said ALL poor people are bad with money. however to pretend that a great deal of them are is having your head in the sand.

quote:

What about the stories of Depression-era people who lived poor all their lives but died with millions?


they sound stingy as frick
Posted by Sophandros
Victoria Concordia Crescit
Member since Feb 2005
45218 posts
Posted on 5/28/12 at 8:41 am to
quote:

And not all poor people are bad with money.


No one said that.

Logic is your friend.

Athletes and lottery winners who came from poor backgrounds tend to have more problems with that amount of money than people who came from middle class and higher backgrounds. There are a number reasons for that.
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