Thursday, May 17, 2007

Giuliani Capitalizes On 9/11 To The Tune Of $30 Million

Former Mayor Rudolph W. Giuliani of New York, who just six years ago told a divorce court he had only $7,000 in assets under his control, has amassed a net worth of more than $30 million, much of it from paid speeches.
This from David D. Kirkpatrick of the New York Times, who also writes:
During his divorce from Donna Hanover in June 2001, a lawyer for Mr. Giuliani said he had only $7,000 in personal money “under his control.” His salary as mayor of New York at the time was about $195,000, and his local financial disclosure forms showed less than $800,000 in deferred compensation, pension, retirement and mutual funds. He had also signed a contract to write two books for an advance of $3 million.

The latest disclosure form suggests that his biggest source of income was speeches, capitalizing on his celebrity after the terrorist attacks of Sept. 11, 2001. For the period covered by the form — roughly the calendar year 2006 — Mr. Giuliani reported making 124 speeches for as much as $200,000 each and earning a total of about $11.4 million.
And that's my emphasis.

What a scumbag!

No disrespect intended to scumbags.