Showing posts with label ivy league. Show all posts
Showing posts with label ivy league. Show all posts

Thursday 12 March 2009

Karma (and the law) catches up

The chickens have come home to roost. Peter Pocklington may die in prison if he's convicted of the fraud charges filed against him in Palm Springs, California stemming from a personal bankruptcy filing in 2008. If the name doesn't ring any bells, "Peter Puck" is the former owner of the Edmonton Oilers of the National Hockey League who was vilified by the entire country of Canada for selling Wayne Gretzky, the greatest hockey player who ever lived, for about $18 million to the Los Angeles Kings.

The man collected enemies like kids collect hockey cards. He brought in strike breakers to settle a company dispute with workers at a company he owned which eventually closed. He had another company bailed out by the Canadian government to the tune of hundreds of millions of dollars.

In his personal bankruptcy papers, he claimed he was worth $2,900. He um, forgot to mention the luxurious home he has, the contents of a storage locker, the investment companies he owns offshore and last but not least two bank accounts. This man used to boast a wine collection worth $750,000 and a house full of Renoir sketches.

At some point he left Canada because he was displeased with its socialist leanings. He preferred to be among "people who are impressed with those who get up early and make things happen." He made things happen, alright--mostly disasters left in his wake. He has had more failed companies than Michael Jackson has had surgeries.

He has a United States citizenship application currently being reviewed, but now, at 67, he is a broken man with $20 million in debts and possibly facing prison time. I'm not so sure that the Americans are as enamoured with him as he is with them. Good riddance to bad rubbish.

Friday 26 September 2008

Are You Smarter Than a Fifth Grader?

Another Ivy leaguer, this one from Cornell, was on the show. The previous three all flunked out.

The $50,000 question was: Which Great Lake does Pennsylvania border? The contestant said "I didn't even know Pennsylvania bordered a Great Lake". The first thing that entered my own mind was "Hmm, there must be a good reason they named it Erie, Pennsylvania."

He took a wild guess since it was "free"--that is, if he answered incorrectly, he wouldn't lose any money. He guessed "Erie". None of the classmates said "Erie".

I don't have a degree from anywhere, let alone an Ivy League school, and I'm not even an American but the answer came to me in a flash.

He knew enough to quit when he heard a question he did not know the answer to and "dropped out".

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The next contestant clearly wasn't as smart. When faced with the $5,000 question "If you were in Mexico City and walked due west, which is the first ocean you'd run into?" He had no idea, and therefore chose to "peek" at his classmate's answer. It correctly was "Pacific" and he agreed.

How could anyone not know that walking west from any point in North America would have you arrive at the Pacific Ocean? This character actually said "I've never been to Mexico City and that's what's giving me pause". I guess this man in his 40's still hasn't grasped that whole "directions" concept.

Needless to say, he wasn't smarter than a fifth grader.