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Judi Lynn

(160,545 posts) Sat Jun 13, 2015, 04:16 AM Jun 2015

Judge asked to keep former billionaire jailed for contempt

Source: Associated Press

Judge asked to keep former billionaire jailed for contempt
By MATTHEW BROWN Associated Press Published: Jun 12, 2015 at 8:39 PM PDT

BILLINGS, Mont. (AP) - Creditors of Montana's Yellowstone Club for the ultra-rich said Friday that its founder should remain in the jail, where he has been held for almost two months for not disclosing what happened to $13.8 million from a property sale in Mexico.

Onetime billionaire Tim Blixseth, 65, of Medina has been pursued by the exclusive club's creditors since it went bankrupt in 2008 and was sold to new owners. Attorneys for the creditors say Blixseth owes their clients $286 million that he drained from the club for personal use.

On Friday, they described as a repackaged mishmash more than 9,000 pages of financial documents submitted by Blixseth last week as he seeks to be freed from the Cascade County jail.

U.S. District Judge Sam Haddon jailed Blixseth on April 20 over his incomplete accounting of the Mexico property sale, which was made in defiance of a previous court order.

Read more: http://www.komonews.com/news/local/Judge-asked-to-keep-former-billionaire-jailed-for-contempt-307240081.html

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Tim Blixseth[/center]

9 replies

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Highlight:

Judge asked to keep former billionaire jailed for contempt (Original Post) Judi Lynn Jun 2015 OP

Wonder how I missed this one Demeter Jun 2015 #1

Tip of the hat to whoever can photoshop prison stripes onto the outfit. Hoppy Jun 2015 #2

Here's a fast and dirty. I added a jaunty prison cap. valerief Jun 2015 #4

Yea ! Hoppy Jun 2015 #5

Yaaay! Yippee. The cap is a must. Now we're talking. He was born to wear lotsa stripes. Thanks. n/t Judi Lynn Jun 2015 #9

He must have pissed off another billionaire. nt valerief Jun 2015 #3

If he was still a billionaire, and not a "former billionaire," Peace Patriot Jun 2015 #6

There , in that photo, is true "trickle down" being shown packman Jun 2015 #7

he's always been the caretaker MisterP Jun 2015 #8

Demeter

(85,373 posts)

1. Wonder how I missed this one

Reply to Judi Lynn (Original post)

Sat Jun 13, 2015, 07:44 AM

Jun 2015

The economics press isn't talking about it. Thanks, Judy Lynn!

Hoppy

(3,595 posts)

2. Tip of the hat to whoever can photoshop prison stripes onto the outfit.

Reply to Judi Lynn (Original post)

Sat Jun 13, 2015, 08:20 AM

Jun 2015

valerief

(53,235 posts)

4. Here's a fast and dirty. I added a jaunty prison cap.

Reply to Hoppy (Reply #2)

Sat Jun 13, 2015, 11:14 AM

Jun 2015

Hoppy

(3,595 posts)

5. Yea !

Reply to valerief (Reply #4)

Sat Jun 13, 2015, 11:55 AM

Jun 2015

Judi Lynn

(160,545 posts)

9. Yaaay! Yippee. The cap is a must. Now we're talking. He was born to wear lotsa stripes. Thanks. n/t

Reply to valerief (Reply #4)

Sat Jun 13, 2015, 11:53 PM

Jun 2015

valerief

(53,235 posts)

3. He must have pissed off another billionaire. nt

Reply to Judi Lynn (Original post)

Sat Jun 13, 2015, 10:29 AM

Jun 2015

Peace Patriot

(24,010 posts)

6. If he was still a billionaire, and not a "former billionaire,"

Reply to Judi Lynn (Original post)

Sat Jun 13, 2015, 11:55 AM

Jun 2015

he'd likely be out of prison, free of legal hassles, laughing at mere judges and having fun.

U.S. judges have no power over billionaires, who form their own exclusive country, which might be called, "Billionaires Without Borders." In BWB, a mere multi-millionaire can be gotten if he offends billionaires, and mere multi-millionaire creditors cannot gang up on a billionaire. But a "former billionaire"? If he can't protect his billionaire passport--by whatever means necessary--then he can be harassed for actions that the peasants would call crime, such as grand theft.

Just my read on the Associated Pukes' phrase "former billionaire." It resonates, no?

packman

(16,296 posts)

7. There , in that photo, is true "trickle down" being shown

Reply to Judi Lynn (Original post)

Sat Jun 13, 2015, 12:20 PM

Jun 2015

Look at that ugly piece of crap behind him. How many 99% 'ers man hours does that represent in wages and such. Thank god for such people who employ the bricklayers, plumbers, electricians, grounds people, maids, etc. to maintain that club so that the 1% can live the life style they deserve with the money they have.

God bless the rich -

The guy stole $286 MILLION for people richer than him? I got a new hero.

MisterP

(23,730 posts)

8. he's always been the caretaker

Reply to Judi Lynn (Original post)

Sat Jun 13, 2015, 02:53 PM

Jun 2015

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