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Lifestyles of the Rich and Fatuous. Somehow I just can't let go of the corporate malfeasance story (New York Times):

Meanwhile, Scott D. Sullivan, WorldCom's former chief financial officer, continues construction on his 24,000-square-foot megamansion in Boca Raton, Fla. Mr. Sullivan was indicted on charges that he conspired to hide billions of dollars in losses at the company.

[...] Mr. Sullivan is regularly seen zipping around town in his silver Range Rover on his way to inspect that $15 million construction project, which includes an 18-seat movie theater, a private art gallery and a lagoon.

While Mr. Sullivan may not be safe from jail and civil lawsuits, his new home is secure; even if he is forced to file for bankruptcy, Florida's Homestead Act could protect the home and the land from creditors.

Of course his 24,000 square foot home is protected, with Florida's high-quality crony-protecting legislation. To endanger Sullivan's house, wouldn't the governor of Florida have to want to come after him really bad? But Jeb's distracted, busy feathering the nests of his brothers, the educational software genius and Silverado savings-and-loan leech* (Neil) and that other one, what's-his-name.

*Bailed out by Daddy at taxpayer expense.

{ 2:46 PM }

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