Word: simpson
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Dates: during 1990-1999
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...meet these demands, Simpson has liquidated almost everything he owned before his arrest in June 1994: condominiums in New York City and California; property in Mexico; his 50% interest in a string of HoneyBaked Ham franchises; even his Ferrari Mondial and the infamous Ford Bronco. What he hasn't sold outright he has mortgaged to the hilt: he borrowed $3 million against his Rockingham home and used a Warhol serigraph of himself as security for a loan he took from his children's estate. He has tapped his homeowner's insurance to pay for his defense in the civil trial...
What happens to Simpson if he loses the case depends partly on how big the judgment is against him. If the judgment is large enough, he may well declare bankruptcy. He would be likely to lose his home on Rockingham and perhaps his property in San Francisco. He would probably have 25% of his income attached for at least the next 20 years. It is difficult to forecast his future earnings, but Simpson's public image and celebrity still have market value. He has already earned $3 million from a combination of sales of his book I Want to Tell...
Whatever happens, most of his $3 million-plus net worth would be protected. He could borrow against his retirement funds to buy a new home and bridge the gap until his pension checks started arriving. In the meantime, rumors still swirl about Simpson's hidden money. There is one piece of evidence that suggests, in spite of his protestations, that he just might have some free cash. Last summer, after he complained publicly about his dire finances, Simpson was able to come up with $685,248 to clear an IRS lien on his home...
...stash. But the real story is of the runaround Spoon and Stretch get from social-service employees who can't be bothered to help addicts get into rehab programs. This is an action comedy about two guys waiting in line for nothing to happen: Samuel Beckett rewritten for Simpson-Bruckheimer...
...among your readers is interested in the details of baby Gates or the personal habits of Warren Buffett? Has TIME gone the way of PEOPLE? Gates has become more insufferable than TV talk-show host Larry King. More boring than O.J. Simpson. More insupportable than the Newt Gingrich and the Clinton family scandals and improprieties. Please change the subject or face the desertion of readers like me. CARLOS ARAUJO Rio de Janeiro...