About that surrounding himself with good people thing...

[Scooter]

Commerce Secretary Wilbur Ross accused of swindling business associates out of more than $120 million

President Trump’s commerce secretary may have bilked business associates out of more than $120 million and could rank “among the biggest grifters in American history,” according to a report released Tuesday.

An investigation — which included interviews with 21 people who have worked closely with Wilbur Ross in the past — alleges that that the 80-year-old stole “a few million here and a few million there” throughout his career as an investment banker, Forbes reports.

The magazine previously reported that Ross fudged his finances in order to appear on the publication’s elite list of billionaires.

Disclosure forms Ross filed after his nomination by Trump showed he actually had less than $700 million in assets. Forbes removed him from their list last year.

“He’s a pathological liar,” a former colleague told the magazine.

Just two weeks ago, Ross quietly settled a $4 million lawsuit brought by a former employee who alleged Ross stole his interests in a private equity fund and then tried to cover it up with bogus paperwork.

Similar charges have been leveled against Trump’s economic sidekick in the past. A former vice chairman of Ross's private equity fund, WL Ross & Company, sued the New Jersey native for $20 million in 2005, alleged that he was cut out of his interests.

Another lawsuit alleges that Ross and his firm charged at least $48 million in improper fees on investments.

Others paint a not-so-rosy picture of Ross’ private life, telling the magazine he is a cheapskate who is obsessed with money.

A pair of former colleagues noted that contractors would call Ross’ office saying they had not been paid for jobs at his home (gee, I wonder where he learned that trick?) and that he took handfuls of Sweet’ N Low packets from a restaurant near his office, so he wouldn’t have to buy some for himself.

A commerce department official called the allegations “petty nonsense” and said Ross does not use sweetener in his coffee.

Ross himself maintained his innocence by telling Forbes he’s never been caught stealing and “the SEC has never initiated any enforcement action against me.”

However, SEC fined his firm $2.3 million in 2016. Ross also argued that one lawsuit filed against him had been dismissed, but he didn’t bother to say that it's being appealed.

[RayThom]

[BoSoxGal]

I was sitting in the lobby of a swanky fitness club in Cambridge this morning, and overheard a member get all irate because she wasn’t allowed to put her membership on hold for 3 weeks while going on vacation - the club’s policy is one full month’s hold at a time, commencing on the first of the month.

The lady was bent out of shape and gave the poor gal at the counter an earful. After she huffed away, counter gal and I made eye contact and without a word spoken experienced a meeting of like minds.

Mind you, we’re both busting ass for peanuts while this lady gets irate over not being able to save what amounts to pocket change - then huffs off in a tizzy to climb into her Jaguar for the ride home to her million+ property in one of the toniest communities in the country.

Rich people problems! The more I spend time amongst them, the more grateful I am for my blue collar roots. Not that I wouldn’t love to have my character tested by a MegaMillions win - but I truly do believe that for the most part better characters are formed in people who have to work for everything than in people who swim in resources and STILL. WANT. MORE!!

[RayThom]

Rich people make me ill.

Truly rich people are those whose children run into their arms, even when their hands are empty.