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Kosar's Woes

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T

Tiernan

Senior Member

13,021 posts
Jan 11, 2010 11:26 AM
Anybody see where Bernie is over $30M in debt? Sheriff's Sale this past weekend on his home in FL. Must have borrowed money from the Browns becuz he owes them $1.3M. His kids and ex-wife don't speak to him and he has severe OCD. Koser was not some thug, how does a guy like Bernie lose everything?
Jan 11, 2010 11:26am
Rotinaj's avatar

Rotinaj

Senior Member

7,699 posts
Jan 11, 2010 11:29 AM
How does someone rack up that much debt??
Jan 11, 2010 11:29am
P

profm

Member

39 posts
Jan 11, 2010 11:34 AM
Tiernan wrote: Anybody see where Bernie is over $30M in debt? Sheriff's Sale this past weekend on his home in FL. Must have borrowed money from the Browns becuz he owes them $1.3M. His kids and ex-wife don't speak to him and he has severe OCD. Koser was not some thug, how does a guy like Bernie lose everything?
Well, the severe OCD may explain the other problems. Somebody with severe obsessions & compulsions will have difficulty making good decisions.

That's very sad to hear. I always like Bernie. Hopefully someone will see that he gets some treatment.
Jan 11, 2010 11:34am
IggyPride00's avatar

IggyPride00

Senior Member

6,482 posts
Jan 11, 2010 11:38 AM
My understanding is Bernie was heavily involved in the Florida real estate market with whatever businesses he was involved in, and when the market went belly up so did his net worth.
Jan 11, 2010 11:38am
september63's avatar

september63

Senior Member

5,789 posts
Jan 11, 2010 11:40 AM
I think he also lost alot of money in a failed restaurant thing, too.
Jan 11, 2010 11:40am
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Mr. 300

Senior Member

3,090 posts
Jan 11, 2010 11:53 AM
He had some bad business dealings, and of course the divorce isn't helping matters.
Jan 11, 2010 11:53am
september63's avatar

september63

Senior Member

5,789 posts
Jan 11, 2010 11:56 AM
Read that article. At the time of his divorce, he didnt know how to run a dishwasher or even do his own laundry.
Jan 11, 2010 11:56am
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thedynasty1998

Senior Member

6,844 posts
Jan 11, 2010 11:57 AM
Yea, just bad investing. Not necessarily wasted his money on cars and drugs, but I guess in the end it doesn't matter. He's broke.
Jan 11, 2010 11:57am
D

Drums of War

Senior Member

356 posts
Jan 11, 2010 3:32 PM
One of the news stations did a piece on this months ago. The on thing that they also talked about at length was that Bernie would give money to just about anyone that asked for it. At best estimate they figutrd that he gave away something likr $5M in his years of having money. I wonder if anyone is considering returning the favor and helping him out now.
Jan 11, 2010 3:32pm
Heretic's avatar

Heretic

Son of the Sun

18,820 posts
Jan 11, 2010 3:47 PM
september63 wrote: Read that article. At the time of his divorce, he didnt know how to run a dishwasher or even do his own laundry.
That's the kind of thing that I wonder how many pro athletes (especially high-profile ones) have issues with. I remember reading a Sports Illustrated article from early in Peyton Manning's career where it was mentioned that he was essentially inept at various simple household tasks.

When, by virtue of your athletic skills, you easily can get people to do those mundane day-to-day things for you, how self-sufficient are you going to be in the long run?
Jan 11, 2010 3:47pm
F

Footwedge

Senior Member

9,265 posts
Jan 11, 2010 3:56 PM
Bernie got caught up in his own financial hubris. He was a finance major at the U. Gee, I wonder if the recruiters down their use Bernie on their promo material.

Bernie should get a bailout. After all, the execs at Lehman Bros, Washington Mutual and AIG knocked down millions in bonus bucks after fucking up the whole economy.

A belly up Bernie didn't ask for nor received any TARP money.
Jan 11, 2010 3:56pm
Hesston's avatar

Hesston

Senior Member

516 posts
Jan 11, 2010 4:53 PM
hope he pulls out of it but it will be a long haul. listening to him on the radio I sometimes wonder if he "gets" it?
Jan 11, 2010 4:53pm