CALIFORNIA: Is Elon Musk too broke to pay soon to be ex-wife Justine’s divorce settlement demands?

The Business Insider and The Truth About both had interesting articles about electric car entrepreneur and Tesla CEO Elon Musk that got me to wondering whether the ostensible billionaire entrepreneur is really insolvent? We’ve been covering the story for months but we completely missed this important detail: That the supposed billionaire really doesn’t have […]

Ruth Madoff downsizes to $2.5 million settlement with Feds

RUTH MADOFF’S DIVORCE SETTLEMENT HAS BEEN FINALIZED Wife of infamous Wall Street ponzi schemer Bernie Madoff has agreed cut a deal with federal prosecutors according to Reuters. Instead of pursuing claims that she is entitled to about $70 million in assets from her “marital estate” she will give up all claims to all but $2.5 million […]