Sunday, September 9, 2012

SMALL CHANGE STOPPED FOR PETTER'S EX-FIANCEE

Star-Trib - Tom Petters is in prison for 50 years for his $3.65 billion Ponzi scheme (see pages 101-105 in the book "The Greedsters"). His fiancee, Tracy Mixon, was awarded $1,879.00 per month for living and health insurance expenses, and has collected this monthly amount for more than 3 years. In early September, 2012, Judge Ann Montgomery issued an order ending these benefits. The Judge stated she felt Ms Mixon has had enough time to become "a sole wage earner" for the two children and herself. I'm sure many people will feel such action is unjust. For an adult to support two children and herself this day and age, $1879 per month is probably not enough. However, don't judge the JUDGE. She must have had her reasons for the order.

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