The busybodies at the village rumor mill claim that Pop took $200,000 of the Prince's signing bonus to pay off his debts from gambling and bad business decisions.
Mr. Cuomo said that while he viewed gambling as "bad for society" and opposed it as a way to raise revenue, it was "not among the seven great sins or even among the 70 small ones".
In October 2004, The Detroit News, citing public records and interviews with family and business associates, reported that Cecil Fielder had squandered much of the approximately $47 million he had earned as a big-league player on gambling and bad business ventures.
After the rush of stardom, Rooney was battered by a stalled career, drug and gambling addictions, bad marriages, a failed production company and the deep financial problems they caused.
If you think online gambling is bad for society because it makes it too easy for people to give away money with no net benefit to society, then you would see the value in eliminating continuous trading.
The narration features voices of market commentators: "A wild ride on Wall Street … the biggest point drop … a precipitous fall … these guys have been gambling … gambling … bad bets … they didn't know when to back away.
The biggest single donor in political history, the casino billionaire Sheldon Adelson, mingled with other Romney backers at a postelection breakfast, fresh off a large gamble gone bad.
The column suggested that shareholders should now "press compensation committees to change policies so that executives who take outsized risks to generate fatter pay packages are forced to return some of that money if the gambles go bad".
Now that shareholders have gained some traction with companies on recovering unearned pay, they should press compensation committees to change policies so that executives who take outsized risks to generate fatter pay packages are forced to return some of that money if the gambles go bad.
I didn't get a college degree because I couldn't pay for it out of pocket, and student-loan debt seemed like a gamble with bad odds.
