Halsey Minor bought & sold a limited K-01

lammie200 · 05-31-2013, 01:50 PM

From a Bloomberg story today:

Since then, Minor has been selling his art collection to pay debts. In 2010, he sold a painting of a blue-eyed nurse by Richard Prince and an aluminum couch by Marc Newson to help raise $21.1 million for his creditors. Proceeds from the sales went toward a $21.6 million judgment obtained in October 2009 by ML Private Finance, a Bank of America Corp. affiliate, on a delinquent loan.

How Halsey Minor Blew His Tech Fortune on Way to Bankruptcy - SFGate

Attached Images

Last edited by lammie200; 06-01-2013 at 05:24 PM.

fisheye freak · 06-01-2013, 03:01 AM

Always a problem when you splurge on such trinkets. Funny how one rarely makes a profit on these things.

Rupert · 06-03-2013, 06:59 AM

I'd give $50 for that couch...for him to keep it! Just $25 for him to keep the K-01.

Regards!

**grhazelton** · 06-03-2013, 10:02 AM

I noticed that he'd bought Carter's Grove Plantation from the Colonial Williamsburg Foundation in 2008. Carter's Grove is a gem from the colonial period in Virginia, I can only hope that its ultimate purchaser will preserve it for the future, will be a trustee, so to speak, rather than only an owner/user. All too often in this country we ignore the past; if I recall correctly Mount Vernon narrowly escaped destruction through neglect. And then travelers return from Europe marvelling at the old buildings they've seen, all the while we here in the US destroy our past.

But of course, "The best country in the world" can do no wrong, nor can it learn from other countries, I suppose.

Rupert · 06-03-2013, 05:54 PM

Originally posted by grhazelton

But of course, "The best country in the world" can do no wrong, nor can it learn from other countries, I suppose.

Yes, we are perfect, aren't we! Makes me so proud...as long as I never read/watch the news!

Regards!

05-31-2013, 01:50 PM	#1
lammie200 Veteran Member Join Date: Jun 2011 Location: San Francisco Photos: Albums Posts: 1,033	Halsey Minor bought & sold a limited K-01 From a Bloomberg story today: Since then, Minor has been selling his art collection to pay debts. In 2010, he sold a painting of a blue-eyed nurse by Richard Prince and an aluminum couch by Marc Newson to help raise $21.1 million for his creditors. Proceeds from the sales went toward a $21.6 million judgment obtained in October 2009 by ML Private Finance, a Bank of America Corp. affiliate, on a delinquent loan. How Halsey Minor Blew His Tech Fortune on Way to Bankruptcy - SFGate Attached Images Last edited by lammie200; 06-01-2013 at 05:24 PM.

06-01-2013, 03:01 AM	#2
fisheye freak Senior Member Join Date: Jan 2008 Location: Bondi, Australia Posts: 206	Easy come, easy go Always a problem when you splurge on such trinkets. Funny how one rarely makes a profit on these things.

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06-03-2013, 06:59 AM	#3
Rupert Veteran Member Join Date: Sep 2006 Location: Texas Photos: Gallery \| Albums Posts: 25,123	I'd give $50 for that couch...for him to keep it! Just $25 for him to keep the K-01. Regards!

06-03-2013, 10:02 AM	#4
grhazelton Loyal Site Supporter Join Date: Jul 2007 Location: Jonesboro, GA Photos: Albums Posts: 1,972	I noticed that he'd bought Carter's Grove Plantation from the Colonial Williamsburg Foundation in 2008. Carter's Grove is a gem from the colonial period in Virginia, I can only hope that its ultimate purchaser will preserve it for the future, will be a trustee, so to speak, rather than only an owner/user. All too often in this country we ignore the past; if I recall correctly Mount Vernon narrowly escaped destruction through neglect. And then travelers return from Europe marvelling at the old buildings they've seen, all the while we here in the US destroy our past. But of course, "The best country in the world" can do no wrong, nor can it learn from other countries, I suppose.

06-03-2013, 05:54 PM	#5
Rupert Veteran Member Join Date: Sep 2006 Location: Texas Photos: Gallery \| Albums Posts: 25,123	Originally posted by grhazelton But of course, "The best country in the world" can do no wrong, nor can it learn from other countries, I suppose. Yes, we are perfect, aren't we! Makes me so proud...as long as I never read/watch the news! Regards!

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