Tuesday, October 20, 2009

Patricia Cornwell loses $40 Million

From The Daily Beast

Patricia Cornwell's Latest Mystery
by Lloyd Grove

Newscom How did the acclaimed crime novelist lose $40 million? She’s suing her accountants and business advisers to find out.
Murder victims have met grisly ends for less obvious reasons in Patricia Cornwell’s bestselling Kay Scarpetta novels.
But—after suffering estimated losses of $40 million due to the alleged negligence of her accountants and business advisers—Cornwell is taking the nonlethal approach, and simply suing.

The famed crime writer claims that Anchin, Block & Anchin LLP—a blue-chip New York financial-management firm that specializes in “privately held businesses and high net worth individuals,” including such celebrities as Robert De Niro—mishandled not only her own money, but that of her spouse of two years, Harvard neuroscientist Staci Gruber. Their home state of Massachusetts legalized same-sex marriage in 2004.

for the rest go here:
http://www.thedailybeast.com/blogs-and-stories/2009-10-19/patricia-cornwells-latest-mystery/?cid=hp:beastoriginalsR3

9 comments:

Bill Crider said...

Obviously her advances are nearly as big as the ones I get.

Deb said...

Perhaps it was all that money she spent trying to prove Walter Sickert was Jack the Ripper.

Ed Gorman said...

Bill Crider and I are gentlemen--we don't kiss and tell what our publishers give us. Let's just say that we wish we hadn't taken that vow poverty when we first started writing.

Charlieopera said...

Now I feel guilty. Yet another victim of my "Rock of the week" football pick?

Brendan DuBois said...

Reminds me of a joke I heard at B'con... from S.J. Rozan, I believe: Do you know how to make a small fortune as a writer? Start writing when you have a large fortune!

Ba-dum!

Thanks, I'll be here all week, don't forget to tip your waitress....

Deb said...

Oh Brendan, I just posted that very same comment (but this time regarding used book store owners) on George Kelly's blog.

Cap'n Bob Napier said...

Why can't I work up any sympathy for Patsy?

Deb said...

Well Cap'n, if you're asking me, it's because she was willing to sink a substantial chunk of her fortune into purchasing the art of a well-known artist (who could not possibly have been Jack the Ripper based on the fact that he was, oh, living in France at the time of the murders) and then, allegedly, destroying some of the work to "prove" that he was J-t-R.

Dismounting soapbox now!

Kenneth Mark Hoover said...

Well, when you blow millions trying to prove some guy is Jack the Ripper, then you're liable to lose some money between the cracks. People are going to see you're an easy mark, so why not flense you to the bone?