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Category Archives: Famous Financial Flubs

Famous Financial Flubs: Shooting Threes: Good; Holding Threes: Bad

Former NBA star Antoine Walker is the latest athlete to serve as a sad reminder of the importance of fiscal discipline. The Boston Globe recently reported that Walker, a 6’9” small forward who made at least $110 million over his 12 years in the NBA, owes more than $4 million to creditors. This comes after a [...]

Famous Financial Flubs: You Probably Shouldn’t Crank Dat Soulja Boy

This week in famous financial flubs, 19-year-old rapper Soulja Boy has been accused of being the tenant from hell.  A letter from his landlord stated:
We have received complaints of noise disturbances and guests wandering the hallway and Observation Deck. This is a direct violation of your Lease Agreement…Additionally, we were notified that you had over [...]

Famous Financial Flubs: Nicolas Cage May Need to Search for Actual Treasure

It wasn’t too long ago that Nicolas Cage, the National Treasure star, put a few of his houses up for sale in efforts to pay back some of the $6.3 million he owed the government in unpaid back taxes.
But as his homes sit unsold, the IRS filed another tax lien on the actor whose government tab [...]

Famous Financial Flubs: Pamela Anderson Edition

Pamela Anderson has been famous for her, well, physical assets for decades, but it turns out she isn’t as well endowed in the financial department.
According to People magazine, Los Angeles County records show she owes more than $1.1 million to creditors:
According to the documents, five different construction companies have filed liens against her home, the [...]