Wednesday, September 19, 2007

Schadenfreude: Scaife's Divorce Edition

It's nice to see the rat-bastard who spent somewhere on the order of a hundred million dollars chasing Clinton's penis getting his:
Scaife's Wife Gets Giant Settlement After Messy Divorce -- Claims Newspaper is 'Hobby'

PITTSBURGH The estranged wife of billionaire and newspaper owner Richard Mellon Scaife, the Pittsburgh banking heir turned media mogul, was awarded $725,000 a month in temporary support during their acrimonious divorce, the Pittsburgh Post-Gazette reported Sunday.

Scaife, 75, and his second wife, Margaret Ritchie Battle Scaife, are battling on several fronts, from how to assess and divide his wealth to custody of a yellow Labrador retriever named Beauregard, the newspaper said.
Piece of advice, dude: there isn't a dog out there worth 725 grand a month. LET HER HAVE IT.

The funny part is this dispute about assets:
A judge may also have to decide whether the $20 million to $30 million a year she claims he spends to support the Pittsburgh Tribune-Review constitutes a business loss, as he contends, or spending on a hobby, as she sees it. Scaife owns the newspaper - a rival to the Post-Gazette - along with the Tribune-Review of Greensburg and several smaller dailies and weeklies.

.....

Records filed in the case suggest Scaife has spent $140 million to $244 million, depending on whom you believe, to subsidize the Tribune-Review since its inception in 1992. Scaife's other papers are generally profitable, the divorce papers state.

....

Margaret Scaife's alimony could grow higher depending on how Judge Alan Hertzberg views his income. He has asked for briefs due Thursday before making a final decision on the temporary award, which was set on a preliminary basis by a hearing officer last year.
Calling the Tribune-Review a hobby may be reasonable, depending on the legal fine points, but I would never call it a newspaper.

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