Monday, October 19, 2009

Nicolas Cage, what were you thinking??


Nicolas Cage sued his former business manager for $20 million on Friday, claiming bad advice and mismanagement led him toward financial ruin.
“Instead of protecting and preserving Cage’s wealth during one of the greatest economic periods in the country’s history, Levin placed Cage in numerous highly speculative and risky real estate investments, resulting  in Cage suffering catastrophic losses,” the lawsuit states. 

Cage, 45, relied on Levin’s statements and advice and couldn’t have known about the financial trouble he was facing until after he hired new management, according to the lawsuit. (celebitchy.com)

Please read that last part again. He would not have known about the financial trouble he was facing until after he hired new management? Really? You have been acting for over 20 years. You have been in every summer blockbuster since the mid 90's and you have no idea what shape you finances are in? You need somebody to remind you to pay your taxes from 2003-2007? Is that your story? I have asked this before and I will ask it again. What is it with the rich people not paying their taxes? 

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