publication called business she decide to put together the lives of the twenty
biggest losers
quite literally
so high-tax have selected a couple that i found to be amusing
uh... some i'd feel sympathy for others i do not
so let's have some fun
loser number ten on the list eddie lampert
lost it
lost more money than anybody other than the top not okay the people about it
uh... he is the head of d_s_l_ investments
and he had uh... money issues holding alternation auto zone the home depot
density
uh... psalm is when you lose stuff from those he lost
three point six billion dollars
promiscuous holdings
five hundred eighty seven million from our donation four hundred eighty million
from auto zone
and uh... hundred seventy four million from home depot a hundred sixty two
million from city
that's a lot of money to
he lost five billion dollars
now but here is why i should
because just between september nineteenth and october twenty fourth
would face it
the term for the works
he lost to the tune of
just that as the chairman of sears holding
uh... his night heyy was the nine largest equity stake
uh... in that
he lost a hundred and ninety three million dollars
trading day
that equals losses of thirty
million dollars
and our
you know your bagchi when you go for about a month
where you lose thirty million dollars an hour
but you know what that goes to show you hikers
them that money never existed in the first place
you know they got
heady at wall street they're like yeah but i'm sure our has led by a restaurant
i had a
later on the left on
baggage now what that is a
okay and knock off five billion here ten billion there phenomenon we go
that a liberal arts funding because you think we in the summertime
number seven
sergei brin and larry page the uh... founders co-founders of cobalt
well you know they're riding high and uh... they saw plenty of money don't
uh... don't get them wrong
are but they lost roughly one point five billion dollars the chin just in the
month of september
but that's not all
overall google losses
are at twelve twenty one
billion dollars
aside gloss over all that's their share in google
so they lost twelve billion dollars in this now the thing is exactly with eddie
lampert who was never worth that much i mean look good it's a terrific companies
done great
it was just
through the roof it was insane
so it's not become a little bit more sane
so i don't think they ever really had a twelve billion dollars
adhi kuda cashed out
natin it communicates out all that money
stated on the bahamas so i guess this ribbon that says
but they were going to do that he's and then i feel bad for 'cause they didn't
have a coming in a company's been running for
right
i had im we give you the number
rule one loser in the world now
annual abadi
uh... well the richest guys in india topped by the way out of the top five
three of them were indian uh... multi-billion
who knew
you know how much uh... he's invested in
hollywood you say you get a buying a piece of dreamworks
he's got running a multinational as all the three uh... top indian
got a soap bar and they've all also tremendous amount of money
but and nobody won
recently he has lost
thirty to point five
billion dollars
that's gotta stay
it was one of the richest guys in the world a turnaround like
where did it go
what happen thirty two billion
these enormous in has a lot of money internals
where your bordered
all right so he's in a loser i've now like i say a number eleven number three
and number twelve to that
uh... because these are for
sumner redstone runs a giant multimedia company uh... he's the one that makes
the decisions all the way up at the top
this is our let's go easy on but she had a republics help us with some of our
conglomerates in the way that we put our companies together and we don't have to
go
you know i have a person with regulation of the republicans
now i'd be a little rough air by putting all that on sumner redstone but
not that unfair
so uh... he use aba over five billion dollars head five point one billion
dollars that's a nice
juga money here's what happened
album from those cars dot com
he lost four four billion dollars
ports sumner redstone
is no longer a billionaire
it's either me okay
if you get a bill right
and i think about this is that all these guests will happen
sold but she money what difference does it make
but of course it makes a good
because they could lose the company's if you lose enough money
at some point
people go well
you don't have enough to money do you think of your daddy that includes
well the properties of its own offices in amusement
company and they think now investors believe that the debt they have is
larger than the
uh... companies work
so in this situation so that you wind up losing everything
so now sumner redstone media mogul under a billion dollars
definitely died you know but
not happy about the downturn
all right now with my two thirds
a number three biggest loser
sheldon adults
this is the guy who put it all the money to the republican groups in the right
wing number one contributor
to republicans
founded the freedom watch funded the freedom watch
and now all those are going over because showed allison's going under
we talked earlier about how it looks like he's going bankrupt
he's pulled all this money
from those right wing organizations because it's like a pet department turns
out
but you know this
disaster economic disaster cost me all my money i reminded him
said that people can see that you know because that's her
already
he lost
thirty
electrodes push other
all technique
soul richly deserved yuki given money to get doors were selected
c_i_o_ that works out for it while you are to save on taxes he did
he's a little bit on taxes
but he lost thirty billion dollars cassie sankar dot d
i do like dem apples like apples
now economy of course is larger than just rows of your bush but believe me he
had a role to play their children allison's money might have been better
off
if we had a smart president like bill clinton went everybody prospered
nineteen-ninety self finally
who could i be happier about this child
number twelve biggest loser
rupert murdoch
and no
comes about
uh... well fuck you know the thing is
it appears that news corporation
you know he's down to only three billion dollars a stake in it
you know what that means he lost four billion dollars
nothing about the circuit uses four billion dollars which is
all some before two p
but he went from seven billion dollars a three billion dollars he's lost
most of his values corporation
effing certain devolve
things we really had suffer
news corporation
the people who bring you fox news channel let alone new york post another
new owner
wall street journal
is a panic time in murdoch's place
i'm not said anything but i'll tell you what
but bush loses
oba humble waves and he's lost four billion dollars murdoch can't be too
happy
antibody
love it