Posted 8/8/2012 4:00 am
Fuck that filthy lesbian kike. It was her filthy, depraved bulldyke lover(Susan Sontag) who called the white race a cancer upon humanity. Anyone remember that? Lock this kike Leibowitz up in a concentration camp. You know what they say about birds of a feather. EOS.
Posted 8/8/2012 4:06 am
Famous people are often extended vast amounts of credit. Their works are also assumed to have vastly larger valuations in the process. It snowballs out of control.
Posted 8/8/2012 4:16 am
She is still playing some sort of 3 card Monte with the debt, but somehow she has avoided losing her shirt.
In February 2009, Leibovitz borrowed $15.5 million, having experienced financial challenges in recent years.[30] She put up as collateral, not only several houses, but the rights to all of her photographs.[31] The New York Times noted one of the worlds most successful photographers essentially pawned every snap of the shutter she had made or will make until the loans are paid off.[30] In July 2009, a breach of contract lawsuit against Leibovitz was filed by Art Capital Group in the amount of $24 million regarding the repayment of these loans.[32] In a follow-up article,[33] the Times explores why an artist of her standing could be in such financial straits, despite a $50 million archive. They cite a "long history of less than careful financial dealings," and "a recent series of personal issues." The latter include the recent loss of her father, her mother, her companion (Susan Sontag), the addition of two children to her family, and the controversial renovation of three properties in Greenwich Village. In early September 2009, an Associated Press story quoted legal experts as saying that filing for bankruptcy reorganization might offer Leibovitz her best chance to control and direct the disposition of her assets to satisfy debts.[34] On September 11, Art Capital Group withdrew its lawsuit against Leibovitz, and extended the due date for repayment of the $24 million loan. Under the agreement, Leibovitz retains control over her work, and will be the "exclusive agent in the sale of her real property (land) and copyrights."[35]
In March, 2010, Colony Capital concluded a new financing and marketing agreement with Leibovitz, paying off Art Capital and removing or reducing the risks of Leibovitz losing her artistic and real estate.[36]
In April 2010, Brunswick Capital Partners filed suit against Leibovitz, claiming that they are owed several hundred thousand dollars for helping her restructure her debt.[37]
When you owe a bank $1,000 and you can't pay it back, you're in trouble. But when you owe a bank $1,000,000 and you can't pay it back, the BANK is in trouble.
The bankers know they overcredited this Jewess. She has all the power.
Her loans with Colony Capital are only slightly less onerous than the ones with ACG. BTW: If you like to participate, Colony Financial is publicly traded on the NYSE.
