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Old 06-25-2010, 07:01 PM   #1
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Default For some reason I have no sympathy for this guy

http://msn.foxsports.com/nfl/story/b...re-bankruptcy\

A series of failed real estate investments and pending lawsuits has forced veteran NFL quarterback Mark Brunell to file for Chapter 11 bankruptcy, according to a report from WJXT 4 in Jacksonville.

Brunell, who played in Jacksonville for several years, was expected to file in a Jacksonville court today.

"After much deliberation and many years of shouldering an enormous amount of debt resulting from passive real estate investments, it has become clear that this is the only viable course of action," Brunell told the station.

Brunell won his first Super Bowl title as a backup quarterback for the New Orleans Saints last season.

More at the link above.
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Old 06-25-2010, 08:27 PM   #2
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He is left handed, ruined a chance for denver to have a threepeat and is not Tim Tebow.

Whats to like?
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Old 06-25-2010, 09:08 PM   #3
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I love seeing people with so much money go bankrupt. It honestly makes me feel good inside. These people have a fortune to bring so much to so many people's lives but they'd rather blow it all on an elaborate lifestyle than be smart and plan.

A sensible person could live their life on a million bucks, live lavishly on 2. This guy went through 52 million in less than 20 years! No sympathy as OP said. Maybe someone will notice and not waste their gift by learning from Brunell's lesson.
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Old 06-25-2010, 09:22 PM   #4
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I love seeing people with so much money go bankrupt. It honestly makes me feel good inside. These people have a fortune to bring so much to so many people's lives but they'd rather blow it all on an elaborate lifestyle than be smart and plan.

A sensible person could live their life on a million bucks, live lavishly on 2. This guy went through 52 million in less than 20 years! No sympathy as OP said. Maybe someone will notice and not waste their gift by learning from Brunell's lesson.
They wont learn. its been going on for years....Why do you think Charles Barkley is the spokeman for a $2 Taco bell meal....
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Old 06-25-2010, 09:51 PM   #5
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Ya look at Maurice Clarett he never squandered millions.
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Old 06-25-2010, 10:07 PM   #6
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I have about 53 million reasons why i dont feel bad for him
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Old 06-25-2010, 10:40 PM   #7
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I can extra hate him as I am a WSU Cougar, stupid ****ing Huskies.
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Old 06-26-2010, 05:51 AM   #8
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I just think it is Karma for 1996.

Rich want to get richer. He went bankrupt but I am sure he did it to protect whatever he still has, who knows that could be a couple mill.

No sympathy.
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Old 06-26-2010, 06:40 AM   #9
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I just think it is Karma for 1996.

Rich want to get richer. He went bankrupt but I am sure he did it to protect whatever he still has, who knows that could be a couple mill.

No sympathy.
And there's talk that he's gonna play again this year. Get all this cleared out and live off the mil or two he'll make before retiring.
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Old 06-27-2010, 11:16 AM   #10
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Frankly, I'm rather shocked that it's Brunell . . . when he was on the Redskins he seemed like such a stand-up guy. Appeared to be very smart and have it all . . . beautiful wife and 4 (I think 4, maybe more) kids.

I don't understand how people like this lose that much money. If it were me, I would put aside $15-20 mil and not touch it. Lock it up in the bank.

Own 2 homes at the most. Live the good life but not the insane life . . .

Crazy.
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Old 06-27-2010, 11:24 AM   #11
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He probably bought a lot of real estate from 04-07 and got killed when the market tanked. He played in jacksonville, I'd be willing to bet he was involved with condo projects on the east coast of Florida. Literally the worst investment he could have made.
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Old 06-27-2010, 11:28 AM   #12
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Living beyond ones means is living beyond ones means regardless of how much money one has.

Banks were lending people 103% of property values. Are the people that took that money and different than Brunnel? Just sayin...

Last edited by Meck77; 06-27-2010 at 11:32 AM..
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Old 06-27-2010, 11:37 AM   #13
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Quote:
Originally Posted by That One Guy View Post
I love seeing people with so much money go bankrupt. It honestly makes me feel good inside. These people have a fortune to bring so much to so many people's lives but they'd rather blow it all on an elaborate lifestyle than be smart and plan.

A sensible person could live their life on a million bucks, live lavishly on 2. This guy went through 52 million in less than 20 years! No sympathy as OP said. Maybe someone will notice and not waste their gift by learning from Brunell's lesson.
His real estate investments that he made went bad. He invested his money he didn't go out and buy 30 Rolls Royces, a couple jets, and bling bling. This country is full of people that made real estate investments and got rich doing it. Normally its a pretty good plan to own property.
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Old 06-27-2010, 12:03 PM   #14
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My revenge plan worked...I finally got him back
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Old 06-27-2010, 12:28 PM   #15
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Quote:
Originally Posted by That One Guy View Post
I love seeing people with so much money go bankrupt. It honestly makes me feel good inside. These people have a fortune to bring so much to so many people's lives but they'd rather blow it all on an elaborate lifestyle than be smart and plan.

A sensible person could live their life on a million bucks, live lavishly on 2. This guy went through 52 million in less than 20 years! No sympathy as OP said. Maybe someone will notice and not waste their gift by learning from Brunell's lesson.
I must be missing something. Where in that article does it indicate that Brunell's chapter 11 has anything to do with him living lavishly? It says he shouldered a lot of debt in passive real estate investments and like a lot of people in this market, he went under when the economy tanked.

What does any of that have to do with elaborate lifestyles, failing to be smart and plan or otherwise bringing about his own destruction? It sounds like he went under because he did plan, not because he didn't. Had he put his money in the bank rather than invested in the market he'd still be solvent...don't get why that makes him a bad guy.
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