Monday, June 15, 2009

Two Financially Fallen Women

Were you too busy enjoying the weekend to check the Sunday papers? By design or coincidence, the Sunday New York Times offered detailed glimpses into the lives of two women once considered super rich.

See Checkmate at the Yellowstone Club for a visit with Edra Blixeth. She and her former husband founded the Yellowstone Club, where even Bill Gates and his family can ski in privacy. After Mr. Blixeth mortgaged the club to the hilt in hopes of financing new resorts, it went bankrupt.

The loneliest woman in New York describes the circumscribed circumstances in which Ruth Madoff, Bernie's wife, now lives. Does she share Bernie's guilt? Even her hairdressing salon doesn't know for sure, but it's not taking any chances.

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