November 2009 Entries

NICOLAS CAGE, 15 MANSION "UPSIDE DOWN"

In case you were thinking that only ‘normal’ folks were effected by the busting of the real estate bubble….. Nicolas Cage who was a well known collector of fine cars…..lavish homes…has hit his own financial wall because the massive losses of his 15 personal homes. The last section of this article from CNN Money talks about his financial issues being directly tied to his many homes being upside down in value… Nicolas Cage brought about his own financial ruin with a spending spree that included two castles, 15 palatial homes, a flotilla of yachts and a squadron of Rolls Royces, his former...