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Millions up for grabs in Scaife divorce fight

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RamboLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-24-07 09:26 AM
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Millions up for grabs in Scaife divorce fight
Edited on Mon Sep-24-07 09:45 AM by RamboLiberal
Snippets:

Margaret Ritchie Battle Scaife, 60, and her husband, Mellon banking and oil heir Richard Mellon Scaife, 75, have been unable to agree on support payments, whether one of his newspapers is a hobby or a business investment, and even the date of their separation. She says they split in December 2005, after she caught him in an affair. He says they separated 10 months earlier.

The case could also affect the fortunes of Mr. Scaife's publishing enterprise, notably the Pittsburgh Tribune-Review, which, records filed with the divorce papers show, he has subsidized with more than $140 million -- Mrs. Scaife's lawyers contend the figure is $244 million -- from one of his trust funds over the past 15 years, and which has lost between $20 million and $30 million yearly since it was started in 1992.

They put his monthly income on earnings from nine various trusts at $3.9 million. "Incredibly, this fantasia of monthly distributions is taxed at an aggregate rate of slightly less than 15 percent," they write.

"On December 22nd in the late afternoon, Wife, in an attempt to confirm Husband's ongoing affair, appeared at the home of her Husband, peered in his residence window to confirm" whether the other woman was with Mr. Scaife. "Wife was arrested under an absurd trespass charge, handcuffed and transported to the County Jail, where she was incarcerated overnight in a grim holding cell," Mrs. Scaife's attorneys wrote. The charges were later dismissed but, in the words of Mrs. Scaife's brief, "The marriage was over!"

Five months after her first arrest, Mrs. Scaife was again charged, this time after a street fight outside her husband's home when she confronted and physically battled three of Mr. Scaife's employees.

http://www.post-gazette.com/pg/07259/817950-52.stm


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Greeby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-24-07 09:27 AM
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1. .............
:popcorn:
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-24-07 09:30 AM
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2. I'm sure they're equally reprehensible
but I sincerely hope she takes him to the cleaners, if only to make him feel so poor he can't be as generous a sugar daddy to fascists as he's been in the past.

This is one reason why wealth concentration is inherently evil. I'm for anything that will break up these obscene fortunes.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-24-07 11:19 AM
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3. mellon head is evil evil evil evil. I can only hope he goes down in flames..
he basically funds all the very evil rightwing "think tanks" out to do hatchet jobs on the Dems. He also has close associations to the swift boat assholes.

like I said, evil evil evil evil.
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