Compare and Contrast (Gwen Moritz Editor's Note)

by Gwen Moritz  on Monday, Sep. 27, 2010 12:00 am  

In testimony almost as revealing as his autopilot approach to business, Clary told the bankruptcy trustee that he and his wife have been paying their $5,600 monthly mortgage, buying groceries and paying other expenses with donations from friends, family and members of their church. And when asked if he hoped to keep the house, as bankruptcy law allows, Clary said, "That would be our desire."

Now, I know I'm hopelessly middle-class, but it seems like someone who is living off the kindness of others could make it a bit easier on his benefactors by moving someplace cheaper.

***
I often wonder how my old boss' plan worked out. Maybe he got in and out at the right time.

(Gwen Moritz is editor of Arkansas Business. E-mail her at GMoritz@ABPG.com.)

 

 

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