In February 2010, RBS employee Jim Glover (AKA G-Love) was told that his services were no longer required by the firm, when it came to light he’d spent that last year or so instructing junior employees to submit wires that would normally go to a counterparty to pay for trades, and then approving them to, instead, go to his personal account. The Glove Love did so, it’s been suggested, because he wasn’t happy with what he believed to be an offensively paltry bonus that wasn’t sufficient enough to fund his dream: “to build beautiful luxury mountain homes in his favorite ski town, Windham, N.Y.” Now that Glover has pleaded guilty and faces a fine of up to $1.25 million (plus ten years in jail), his own dream house has been put on the block and it could conceivably be yours a ten-spot, as the auction requires no minimum bid. According to the listing:
Perched 2,400 feet above the Hudson River in the Catskill Mountains of New York, this hand-crafted residence, offers an opportunity to own extraordinary views and transcendent seclusion, with the “good life” amenities just moments away and is ideal for full-time residence, vacation home or corporate retreat alike. Incorporated into its nearly 11,000 square feet of mountain mastery are all the luxuries one could imagine, including spacious yet cozy living areas, 7 bedrooms and 8 full and one half bathrooms. You’ll be greeted by the grand entry’s unique stone fireplace and a hand-crafted, massive 3-story oak spiral staircase, which leads you to the absolutely stunning Great Room, framed by incredible views of the property’s expansive acreage and the Northern Catskill Mountains.
The hybrid Port-Orford Cedar and Douglass Fir Timberframe estate, which was recently completed and has never been occupied, features a therapeutic saline pool with fast lane, two-car garage and large carport, seven fireplaces (six gas and one large wood burning in the great room) and a sprawling wrap-around deck. The floor plan allows for a 12-seat, tiered home theatre, exercise and game room, wine cellar and humidor.
Consider making an offer- it’s what Jim would’ve wanted.
1 Copper Ridge, Windham, NY 12496, USA [Concierge]
James Glover’s USA Bank Loan Close To Default [TB]
nice dig
lol @ NY skiing. Windham, NY over 150 vertical feet of the gnarliest ice and slush in the country.
Admiring your moxy though
-Colorado
I would like to make an offer once this wire goes through…
-Guy who’s wire won’t go through-
@VS – you beat me to it. damn you.
Without a stripper pole this place is going to sit on the market forever. Very short-sighted on Mr. G-Love’s part.
Heard there were some UBSers from back-office pooling together a bid.
Sorry, I only own vacation homes made from northern white cedar and frasier fir.
You are a fancy boy. I like your fancy boy style, fancy boy!
If Windham is his favorite ski town, I bet Yonkers is his favorite gambling town.
Pfft. North east skiing? Have fun with ski school and black diamonds that are really green circles. I’ll be in the bowls at Vail.
- Ski bum brah
Birds of Prey, BC…but I feel ya
Tangentially: http://www.beaverliquors.com/
whaaat…both spacious AND cozy living areas??!
I’ll take it!
Stealing my ideas?
You can’t judge a book by looking at it’s cover.
How far from the nearest gourmet waffle establishment?
Likes this
G-Love & Special Sauce?
No but you can judge a ski hill by the ratio of normal skiers to jerkbags screaming down the mountain in jeans and a Kerry Collins jersey, completely unable to turn.
Also by the number of people smoking in the lift line.
-Guy who went to Windham once
Windham is to popular ski destinations as Cleveland is to popular spring break destinations.
- The mistake by the lake tourism board
and what he did was……wrong?
“this hand-crafted residence”
Those are some strong hands.