Yesterday we learned the disturbing news that R. Kelly may soon lose his house, on account of not having paid his mortgage since June 2010. Kelly owes JPMorgan $2.9 million, plus unpaid interest accruing at $251 a day on the suburban Chicago spread and while he probably has a few other places in which to crash, this place is special as it comes with six full bathrooms, seven half-baths, and 12 walk-in closets. What was the R&B singer to do? His options appeared limited. Then, today, while thumbing through the international section…eureka. Continue reading »
R. Kelly
If there’s one bank that could not be characterized as a playa-hata, that bank would be JPMorgan Chase. Having said that, the House of Dimon has been forced to deliver the less than stellar news that R. Kelly may soon need to get out of his house, on account of the fact that the R&B singer hasn’t made any mortgage payments on the 11,140-square-foot spread in over a year. Continue reading »
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
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