Heh you must be wishing that you are the lucky chap to land such a deal. So who do you think got the $13m property for $100? Read on...
Richard Fuld, the Lehman Brothers Holdings Inc. chairman who led the firm into bankruptcy, transferred his $13.3 million Florida home to his wife last year, property records show. Fuld deeded the house at 265 South Beach Road on Jupiter Island, north of Palm Beach, to his wife Kathleen on Nov. 10, according to records on the Web site of Martin County, Florida. Kathleen Fuld paid her husband $100 in the transaction, the minimum amount allowed to transfer a property ~ via Bloomberg
I guess that means that even if he declares bankruptcy, he'll still have a $13m home to go to. That's too good a deal for someone who caused so many to lose their life savings.
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