Word: graef
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Dates: during 2000-2009
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...Grand Casino Hinckley, also in Minnesota, and two casinos in Louisiana. In 1999 a predecessor company, Lakes Gaming Inc., which was publicly owned, earned $54.7 million in management-fee income and had a net profit of $28.8 million. Berman has done so well that in 1997 executive-compensation guru Graef Crystal called his compensation package for the previous year--which totaled $18 million in salary and stock options--the "third most outrageous...
...have mortgages on two properties, you may have enough equity to consolidate them under your primary residence and eliminate the typically higher interest rate on a vacation home. Bob Graef, president of Graef Financial Group in Tarrytown, N.Y., recently did that for a client for a different reason. Removing the debt simplified putting the beach house in trust, making sure that it stays in the family for generations. Now that's using your equity...