Len Dystra's bankruptcy

[brker_guy]

One Cramer's Celebrity stock pumpers is filing for bankruptcy.  Wow, this is shocking!

 

http://latimesblogs.latimes.com/money_co/2009/07/celebrity-financial-crash-of-the-day-former-major-league-baseball-star-and-lake-sherwood-resident-lenny-dykstra-filed-for-ba.html

[Parsad]

Here was the old clip from his upcoming movie about his life.  Phhhhhppphtttt!  Cheers!

 

[Crip1]

"People pay $400,000 for a house, I pay $400,000 for a car" - Arrogant ba***rd.

 

I loved the way this guy played baseball, eben though I was not a Mets or Phillies fan, but I really have little patience for arrogance and lying/cheating/stealing. Now I understand that he is innocent until broven guilty, but declaring bankruptcy and being the subject of what looks to be a boatload of lawssuits does not suggest anything less than lying/cheating/stealing.

 

You get what you have coming to you...

 

-Crip

[Carvel46]

Indeed Crip1!

 

I don't know the full story, but hubris & haste may have worked in Baseball but it doesn't work in investing.

 

[Partner24]

This sad story, if true, underline two important things:

 

- Try to live under your means

- Be truly financialy independant and sound is far more important than to look wealthy

 

[brker_guy]

I will add another one to that lis Partner24: 

 

      -Have some humility in life.  It goes a long way