So Much $ in so Little Time- Kardashian vs Wall Street
Besides MF global, I know everyone is still freaking out about the real gossip that hit the streets last week. That’s right, in striking similarity to Jon Corzine, Kim Kardashian has also officially put her latest asset, ex-husband Kris Humphries, into bankruptcy. Well not exactly, but close.
Kardashian is expected to keep a $2 million engagement ring, about $10 million from her televised wedding, and maybe even a little more on top from a pre-nupped divorce settlement. All for 72 days of hard work (yeah, right). That kind of ca-ching for doing so little deserves a very, very slow golf clap.
Though, as I told my girlfriend, and as always, Wall Street has got Kim beat:…
Take for example Alan Fishman, who stepped in to wear Washington Mutual’s CEO shoes in 2008 when he received a signing bonus of $7.5 million. After a solid 17 days of work, JP Morgan acquired all of WaMu’s assets and Fishman was let go. That initial bonus works out to about $440,000 per day.
We all should also know about Hank Paulson’s stock sale of Goldman Sach’s before becoming Secretary of the Treasury in 2006. Through a little incentive to prevent private-public collusion, Paulson walked away with an extra $50 million in income that would have been taxed away in any other situation. With that kind of money play, Paulson puts both Kardashian and Fishman to shame.
Another notable is Bradley Jack of Lehman Brothers, who left Lehman in 2005 after working for two years as co-COO. His severance amounted to a whopping $80 million dollar package.
All in all, when you think you’re making the quick bucks on Main Street, just remember that it's only chump change to the fat cats in the City. On a final note, the Bloomberg submission of the day phrases this situation brilliantly: “If Robert Kardashian hadn't gotten OJ off, eventually one of his daughters would have.”
she like a trader, she saw a trade with good risk reward and left emotion out of it....well executed!
not bad for a porn star.....how did she fucking get all over the news? she is a fucking porn star....
Nice msg at the bottom bro!
she did nothing
LMFAO!!!! So right.
Her sisters made out best. They didn't even have to film sex with a marginally famous black man, but still got rich.
Whatever...
How can I explain to my daughter why is that woman famous without talking about the birds and the bees...
Another funny one...
She actually had lunch with her ex Mr. Reggie Bush himself, two days before submitting the divorce papers....WOW
Paulson and Fishman busted their humps for the better part of their life to make a fraction of what Kim will altimately walk away with by the end of her 'career'.
Looking at it this way, you tell me who the fuck won. I'd trade lives in a hearbeat.
Paulson's net worth is something like 700 million, how is that a fraction of 38m even with a 40K annuity per episode?
I would have banged Ray J for 38m by 30
Cardinal I hope you aren't a man
I think this belong in the mental retardnation thread,
Oh he is a man... btw did you see the size of Ray Jay? You might not be walking for a while..
A... She was a whoora...B....She hit me
30 min with a black guy or 30 years in an office. Its an easy financial choice
Magni maxime placeat est. Consequatur reprehenderit qui recusandae voluptate.
Facere quod rem mollitia reiciendis provident et. Enim quia laborum nisi ipsum sint. Quis ut fugit sunt commodi. Qui iste expedita ut reprehenderit sed nobis aut.
Ea consequuntur architecto iusto aliquam quia id. Cumque et in qui quia magni excepturi hic. Voluptas sed laborum voluptatem cum tempore non hic. Enim eaque veniam omnis in deserunt voluptas sequi.
A eum sunt placeat. Aliquid magni quam aut maxime. Magni magni ratione est ea consequuntur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...