Posted by Leonard Steinberg on February 20th, 2014 It has been reported that Facebook will be buying WhatsApp for almost $19 billion, hence making each of their 55 employees multi-millionaires. If this were to be averaged amongst them (highly doubtful) they would each be taking home an average of around $344 million, making POWERBALL winners… [Read More]
ITS ALL ABOUT THE POWER
Posted by Leonard Steinberg on December 1st, 2012 So the one half of the $ 588 million (that’s over 11,500 $ 50k/year jobs) POWERBALL winners were identified, making a couple from Michigan instantly super-wealthy and very powerful……I did not hear anybody complaining about the fact that these new-super-rich folks earned their money (overnight and through… [Read More]
DOES THE CONNECTICUT POWERBALL LOTTERY WIN DEFINE CAPITALISM?
Posted by Leonard Steinberg on November 29th, 2011 The winners of the $ 254 million record-breaking POWERBALL lottery identified themselves in Connecticut: the three money managers won a combined $ 108 million after taxes (that’s a lot of taxes!). They bought just one ticket, with numbers selected by the computer. Well, not exactly….it appears these… [Read More]