Hunting for Bargains After a Titan’s Fall: Everything Must Go
By CAMPBELL ROBERTSON
NYT
BIRMINGHAM, Ala. — What shall it profit a man, if he shall gain the whole world and lose his casserole dish?
These are the wages of sin for Richard Scrushy, the Alabama businessman who rose from working-class roots to become one of the highest-paid chief executives in the United States, and fell just as quickly to become federal prisoner No. 24463-001.
His name was pried off libraries and campus buildings, and his 16,000-square-foot and helipad-equipped home was opened up to paying gawkers. In the two years since he was ordered by a judge to pay $2.87 billion to HealthSouth, the company he started in 1984, his 19 cars and his wife’s jewelry collection have been auctioned and his houses sold. Then, over the weekend, came perhaps the final indignity: a yard sale.
It took place in the estate’s spacious barn, and in some ways it was like any old yard sale, with handwritten signs on colorful poster board, sodas selling for $1 and shelves full of knickknacks of debatable taste or utility.
(More here.)
NYT
BIRMINGHAM, Ala. — What shall it profit a man, if he shall gain the whole world and lose his casserole dish?
These are the wages of sin for Richard Scrushy, the Alabama businessman who rose from working-class roots to become one of the highest-paid chief executives in the United States, and fell just as quickly to become federal prisoner No. 24463-001.
His name was pried off libraries and campus buildings, and his 16,000-square-foot and helipad-equipped home was opened up to paying gawkers. In the two years since he was ordered by a judge to pay $2.87 billion to HealthSouth, the company he started in 1984, his 19 cars and his wife’s jewelry collection have been auctioned and his houses sold. Then, over the weekend, came perhaps the final indignity: a yard sale.
It took place in the estate’s spacious barn, and in some ways it was like any old yard sale, with handwritten signs on colorful poster board, sodas selling for $1 and shelves full of knickknacks of debatable taste or utility.
(More here.)
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