Monday, December 6, 2010

Times Reading Log

"Taking Sides in Divorce, Chasing Profit"

Maybe I'm just getting sick of reading the New York Times, but this was another mediocre article on their part.  Maybe I would be more intrigued if I was divorced or getting a divorce-like most of America.

The article began describing the situation of a woman who built a million-dollar business with her husband and then got a divorce.

In the divorce, all the rights to the business went to her husband and she lost the little money she did have in the preceedings.

"Then a lawyer referred her to Balance Point Divorce Funding, a new Beverly Hills lender that offers to cover the cost of breaking up — paying a lawyer, searching for hidden assets, maintaining a lifestyle — in exchange for a share of the winnings," reported the NY Times.

This is happening in NY and is expanding throughout the U.S.

I'm not surprised - America is at it again, waging bets on the potential profit of an emotional divorce.  Bravo!

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