Tuesday, April 26, 2005

How Will the Rigas Survive?

OK, I hate those blog entries when the blogger merely quotes another story like Pierre Menard writing Don Quixote*, but what can I say about this one but we live in very, very wrong times (story from IMDB):

The Rigas family, which founded and operated Adelphia Communications, will forfeit $1.5 billion in assets, representing 95 percent of their total wealth (they would still be left with about $79 million, according to the New York Times), to settle government claims that they bilked shareholders, the U.S. Dept. of Justice and the Securities and Exchange Commission announced Monday.

*I do get bonus points for working in Borges, no?


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