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Money Blog Archives

Fast Money

Fast Money


Money Blog Posting 9 - Fast Money: December 10, 2007

Money Blog posts insightful comments on the latest international news that render us taken-aback in the domain of the money facet of life.

Money-Blog: Fast-Money News

A case of fast money and even faster living:

December 4, 2007 by Andrew Ross Sorkin

Fast Money

JUPITER, Florida: A life of private jets and black-tie balls ended with Seth Tobias, a wealthy investment manager and a familiar face on CNBC, floating face down in the swimming pool of his mansion here.

It was just after midnight on Sept. 4 when Tobias's wife, Filomena, frantically called 911, the emergency telephone number. "Please send somebody, please!" she screamed. "He's not breathing!" By the time the police arrived, she had pulled her husband's body to the edge of the pool, where she cradled his head in her arms, sobbing.

Seth Tobias was 44 years old. He had apparently suffered a heart attack, his brother Spence said at the time. The police did not consider his death suspicious.

But now an unfolding drama over Tobias's estate is providing a lurid account of fast money and faster living in the volatile world of hedge funds. Tobias's four brothers and his widow are locked in a legal battle over the estate, which is worth at least $25 million. And, in a civil complaint, they have gone so far as to accuse her of murder.

The brothers, Samuel, Spence, Scott and Joshua, claim that Filomena Tobias drugged her husband and lured him into the pool, where he drowned. A former assistant to Seth Tobias has told the police that Filomena Tobias confessed to him that she had cajoled her husband, who was on a cocaine binge, into the water, promising him sex with a male go-go dancer know as "Tiger." A lawyer for Filomena Tobias has called the claims outrageous.

Money Blog Comment:

Fast Money

(Click on any image above)

Everyone loves fast money coming to her/him; but since everyone loves it, it no more remains fast.

How many masters can one servant serve after all?

It turns slow.

Rather it turns a mirage creating a pathetic scene where everyone is running after it but no one is ever able to even touch it, what to say of embracing it.

Our race for money turns into a rat race, which we are never able to come out and live life large.

Why, after all, do we love money so much?

Why don't we love life as it comes to us from moment to moment?

We can't love both together!

Choose, which one do you?

Club Penguin-Fast Money

(Start by clicking the player button down left, not the center screen.)

Thank you.

Watch!

How to get rich quick with no hack


Wanna have some bidding fun with 'Fast Money' on ebay auction? You might grab a bargain or two! Just say your bid and you're done:

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