Bear Market: HF Manager with Love for Teddy Bears
What do you get when you mix Bernie Madoff and Teddy Bears? You get Paul Greenwood. In 2014 he got charged with 6 counts of securities fraud.
Greenwood, as some of you may recall, led a teddy bear-loving lifestyle that at its peak included 1,348 bears worth $3 million, which he showcased in “collector display cabinetry” at the top of a dramatic spiral staircase and kept track of via a spreadsheet that included specifics like “full-dressed in sailor suit, lavender-tipped mohair coat [and] felt spats.”
Seriously? This guy took all that risk to build up his luxury stuffed animal collection? Anyways, he got 5 years off his sentence. It's going to be about 4 more years till he gets to snuggle with any of them though.
What do you guys think of this ridiculousness? Have you heard of anything more bizarre than this?