This Much Schadenfreude Should Be Illegal

Chuch Prince, former CEO of Citi who was fired for their losses that resulted from the collapse of the housing market, is now unable to find a buyer for his house .

Prince's five-bedroom Tudor-style house in Greenwich, Connecticut, has been on the market for six months. He has cut the price by $300,000 to $5.85 million, according to the property listing.

It appears that he paid $4.48M for the house in 2003, so one wonders why he isn't lowering the price more.

Maybe he has a 2nd mortgage on it.....heh.