Ken Karpman, Riches to Rags
Posted on 20. Mar, 2009 by Gouda in Business, Lifestyle, News
Ken Karpman is an example of just how bad the economy in America has gotten.
Karpman, a CEO, was making $750k a year and left his job to start his own hedge fund, which failed and he was left jobless and broke. Now he’s trying to make ends meet as a pizza delivery man making $7.29 an hour. A little over dramatic, ay, Ken? Pizza delivery? You can make more an hour babysitting or mowing lawns. I don’t think it takes a Master’s degree to figure that out.
You can see his story on ABC News here.
This is an odd story to me. Seems to me he could have secured a mid-level job or even made more money as a bartender. How can one NOT pay mortgage for two years? Is this phoney story?
it’s gotta take a truckload of humility for this guy to take on that pizza delivery gig