Friday, May 14, 2010

Hiring a Morbidly Obese Personal Trainer

Friday funny...first appeared last summer, but still great:

Geithner and his wife purchased the five bedroom house near Larchmont NY in 2004 for $1.602 million with a $1 million Wells Fargo adjustable rate mortgage, later adding a $400,000 home equity line of credit, also from Wells Fargo.

In 2009, after the U.S. real estate market collapse, they tried to sell the home for $1.635 million. After being on the market for months the price of the home was reduced to $1.575 million. On May 21, 2009, after further lack of interest, the home was rented for $7,500.