NHL player Jack Johnson made his mother the power of attorney when he turned pro. His parents proceeded to spend all his money and live a lavish lifestyle. Being oblivious to this he tried hiring agents and advisors to help manage his money but his mother would always fire them (article)
Jack Johnson’s financial troubles came to light in November, when the Columbus Dispatch revealed that the Blue Jackets defenseman had filed for bankruptcy after his parents—who had been in control of his money since 2008—created eight figures’ worth of debt for him. But it wasn’t just poor management: according to a source close to both Johnson and his family, his parents knew exactly what they were doing from the very beginning.
Antoine Walker has earned $108 million throughout his NBA career and he filed for bankruptcy in 2010, just two years after retirement.
Instead of thinking about the future, he spent lavishly on cars, jewelry and homes. “I created a very expensive lifestyle. That’s how you lose your wealth real bad at the beginning,” Walker said.
Given his humble beginnings, Walker wanted his friends and family to enjoy his riches as well. He estimates he helped about 30 people move to “better situations.” He gave cash to many of them — often without holding them accountable.
“I gave them whatever they wanted and spoiled them. You can’t do that,” Walker said. “It ended up being an open ATM throughout my career.”
Walker had a serious gambling problem as well, which has long been rumored to be the big reason his fortune disappeared. However, he said the real issue was the collapse of Walker Ventures, his Chicago real estate firm, during the great recession.
“We got caught in the recession. We had a ton of undeveloped real estate. It went bad. The banks wanted their money back,” he said.
A pilot’s 16 year old son was allowed to sit at the plane’s cockpit of an Aeroflot flight while it was on autopilot. He disengaged the autopilot, triggering a series of events which led to the plane crashing and the death of all 63 passengers and 12 crew onboard.
Despite the struggles of both pilots to save the aircraft, it was later concluded that if they had just let go of the control column, the autopilot would have automatically taken action to prevent stalling, thus avoiding the accident.
The Green Bay Packers are the only community owned, not for profit major franchise in American professional sports (article)
Rather than being the property of an individual, partnership, or corporate entity, they are held as of 2016 by 360,760 stockholders. No one is allowed to hold more than 200,000 shares, which represents approximately four percent of the 5,011,558 shares currently outstanding. It is this broad-based community support and non-profit structure which has kept the team in Green Bay for nearly a century in spite of being the smallest market in all of North American professional sports.
During WWI, the word “fuck” was used so often, it was considered noteworthy when someone didn’t use it. E.g., “Get your fucking rifles,” was considered routine, whereas “Get your rifles,” implied urgency and danger.
Ants can accidentally misinterpret the chemical trails left by other ants and start walking in circles. If too many members of the colony join in, it can kill the whole colony in what is sometimes known as the ‘Death Spiral’
When child actor Jackie Coogan turned 18 he found out all his money ($44 to $59 million in 2021 dollars) had been spent by his mother who argued “No promises were ever made to give Jackie anything. Every dollar a kid earns before he is 21 belongs to his parents.” Coogan’s Bill was passed to protect child actors
The Jackie Coogan Law ensures the financial well-being of child actors by mandating that their employer set aside 15% of the child actor’s gross earnings in a Coogan Trust Account, where it can be monitored – but not withdrawn – by a legal guardian until the child reaches legal maturity. In other words, the Coogan Law prevents parents from burning through all their child actor’s hard-earned cash.
After the Siege of Leningrad was broken, the Soviets wanted to prosecute those who had resorted to cannibalism. However, so many were accused (over two thousand) that the NKVD had to divide them into two groups; ‘corpse-eating’ and ‘person-eating’. The former were jailed, that later were shot
Thirteen cases which range from a mother smothering her eighteen-month-old to feed her three older children to a plumber killing his wife to feed his sons and nieces
Gene Wilder died at home while listening to one of his favorite songs – “Over the Rainbow” sung by Ella Fitzgerald
Jimmy Page Dated a 14-year-old Girl (Lori Maddox) While He Was in Led Zeppelin
Lori Maddox was a part of the Los Angeles groupie scene beginning in the early 1970s. According to Maddox, Page became infatuated with her and had a roadie bring Maddox up to his suite at the L.A. Hyatt House. “(He was) wearing this hat over his eyes and holding a cane,” she remembered. “He looked just like a gangster. It was magnificent.” Maddox was, amazingly, just 14 when she met Page, though Page did what he could to keep the relationship hidden. The pair went on to have a torrid affair over the next few years.
Steven Tyler had a fourteen-year-old girl’s parents sign consent over to him so he could do whatever he wanted to her (article)
In 1975, Steven Tyler convinced the parents of 14 year old groupie Julia Holcomb (Holcolm) to sign over guardianship to him so that she could live with him in Boston. Tyler who was 27 at the time, dated and did drugs with Holcolm for 3 years before they eventually broke up after unplanned pregnancy which resulted in an abortion. Tyler returned Julia to her parents at the age of 17.
While Erin Langworthy was bungee jumping 360 feet above the Zambezi river, the cord broke and she was forced to swim the raging waters with her feet tied together, at one point diving to free the rope from debris. (article)