From CEO to Pizza delivery guy
 

Dude used to make $750k a year, and now make $7.29 an hour delivering pizza :error

Here is the video

ouch....

but why? inquiring minds want to know

that's what's in future for Shap

:2 cents:

If he wants to do gay bear porn I'll hire him. He's fucking hot

watching the vid would answer that

on a serious note, that guy is kind off an idiot.....well... yes and no.... I can't imagine he wouldn't be able to get a better job... he obviously had some skills.... you don't become a CEO earning $750k per year if you're dumb

Not in America.

:1orglaugh

I bet he is kicking himself spending all that cash on that HUGE fucking house now!

That host has got the most irritating mug in the world.

Ever seen who's the president of the USA right now?

:2 cents:

According to the video: He quit his stockbroker job to found his own hedgefund company. Company went bust.

In 8 months it will be a news story about how a pizza delivery boy went from 7.29/hr to 750,000/yr investing in the market lol.

Maybe because he was a great CEO who made his company super successful?

well he finished some studies, got an MBA, must have slowly climbed the career ladder etc... must have been good at what he did

you can earn lots of $$$ if you're a dumb as some celeb, but as a CEO?

he made money buying stocks for the jews.

it's all a huge scam.

(the outcome proves how dumb he is)

Harvard Law School graduates....yeah they are known to not be too bright.

:helpme:helpme:helpme





Not.

This guy is my new hero for getting up off his ass and eating 74,000 tons of crow without
spitting any out or frowning and delivering that pizza like a fucking man!!!

Co-sign. The guy is a REAL man--fuck the pride, he goes out and provides for his family. God bless him.

This is so he can say his income potential is currently only $7.49/hr in the divorse. He'll get the beter job when all the paper work is finished. I'm sure not $750K/year, but maybe he can at least move up to bank teller at $20/hr

Very sad, but props to the guy for doing something to try and keep his family fed.

That really sucks!

Real men jump out of skyscrapers. This guy is a douche.

boo fucking hoo for him

if he was smart, he would invest a little bit, set up a trust fund for his kids, and put a few hundred K in CD's. The interesest youd get from just half mil in one year is enough to live off of.

Do you know how interest works and how much interest 500,000.00 would get you per year in interest if you were pulling out all of the interest to live on?

Guy is an asshole and his wife is a witch. Stupid fuckers deserve EVERYTHING they get. They will never have money again and they ruined their childrens future.

They're still living in their house 2 years after defaulting on their mortgage? Wow.

Not if your the CEO of AIG.. you make much much more... :disgust:disgust:disgust

Good. Nothing wrong with a little humbling experience. His kids will be better off for the better too. I've seen a few of these stories. More CEOs need to go through this. Then when they bitch because the $8 an hour worker is geting paid "too much" they'll know better.

To top of the mountain to rock bottom.. ouch

One of the guys from the .COM BOOM huh.

what a fuckn idiot,

why would you keep a house worth over 1 million dollars and not pay the mortgage for 2 years???


the day he cudnt pay his mortgage, he could of sold this house, and bought a 200K condo! and been perfect

instead he has 100K on creditcard debt and gets 500$ free from gov't a month for FOOD

fuckn loser idiots fuck up america and canada and deserve if the majority of the US and canada are like this, then north america deserves to lose all its jobs and become a 3rd world

His fault for being to stupid to adapt

Don't put all your eggs in one basket..

That guy rocks, good on him for getting out and taking that absolutely shitty job to earn money for his family!!!

You have to start from the bottom eventually

I really agree with this, but I think that he is also partially to blame for not keeping up with his education in an ever changing world.

lol good to see his wife stuck with him through the hard times!

I doubt he has any serious regrets about his house and former lifestyle. He seemed to have been living well within his means when he was employed as a stock broker. If you can afford to live well, why not do so. But I'm sure he's kicking himself for taking the gamble to go out on his own.

Yeah I'm curious about that too. I also didn't know you could not pay your mortgage for 2 years and still be able to live in your house.

Fucking dumb ass that lived his life to the max. Golf, vacatons, trophy wife.. I bet he had less than 50K in his savings the whole time. They haven't made payment on their house in 2 years? what the fuck is that about?

No sympathy for this guy. If you're making $100,000's of dollars a year for many years you should have saved so much money that you wouldn't have to work anymore if you didn't want to. His hedge fund goes down, so what. He should have a million dollars sitting in savings to support him and his family. He spent his money instead of saving at least some of it.

He's in good company. Failure is often the step leading to success. Many very successful people didn't hit a homerun on their first turn at bat. Sometimes you have to swing many many times until you can hit it out of the park. In this case, he built a company, it went bust and now he's deep in debt and has to deliver pizzas to make ends meet.

As long as he keeps his dreams alive and keeps trying, he should be okay. Tons of famous men like Washington, Lincoln, even KFC's "Colonel" Sanders failed often and failed hard before they got it right. Same with Andy Grove of Intel--he once said that in his life, he tried and failed with 99 companies... his hundredth was Intel.

If you're an entrepreneur going through tough times and knocked to your knees a few times, keep coming up and keep learning. Success is one step away if you let it.

I have to agree. I salute him for swallowing his pride and doing what he has to do to feed his family, but he brought this on himself.

He mad a ton of money, but he bought a huge house, expensive vacations, country club memberships and it looks like they spent every penny he made. Then he decides to quit his job and start a hedge fund. As it turns out most of these hedge funds were doing nothing but creating fictitious wealth based on the hopeful equity of all the sub prime mortgages. When that came crumbling down it showed the reality was there were about $30 worth of outstanding loans for every $1 of actual sub prime equity so these hedge fund guys were betting on something that was already way over extended. It sounds like he got greedy and tried to cash in on this bubble and he either did it wrong or did it at the wrong time. Either way when it failed he didn't walk away. He put his savings and 401K into it to try to keep it afloat. So it wasn't like he blew through his savings and 401K supporting his family, he did it trying to cash in on a hedge fund that didn't pay out.

Had this guy been paying off his house and stashing money in things like money market accounts and very low return very low risk to solidify his future and right now he would have a ton of cash in the bank and could ride it out until things turned up and he could get the job he wanted.

Didn't Al Goldstein wind up working in a deli at one point?

thats what i want to see

there are going to be some major rags to riches stories coming up

im hoping that when forced into a corner, humans react favourably to the pressure

yep read his autobiography, he pissed it all away over 10 millions.

Indeed :thumbsup

Stupidity gets one from millions to zero,no big news

I think you guys are being hard on the guy. My theory is he's not stupid, he's actually very smart, and he's working the system for now.

that's bad! ouch!

:eek7:eek7