“Rich Dad, Poor Dad” is one of the best sellers on Mumbai’s roads.The author Robert Kiyosaki was exposed as a fraud long time back by real estate veteran John Reed.Yet this did not stop some people from praising this dude as a genius.I haven't seen the word mountebank in ages.
Well, guess what, Robert Kiyosaki has now filed for business bankruptcy.
From Forbes:
Robert Kiyosaki, author of the bestselling Rich, Dad, Poor Dad series of financial advice books, is offering his fans yet another lesson in how the rich are different than you and me: they file for bankruptcy not because of ill health or unemployment related issues, but instead as a strategic business move.
Rich Global LLC, one of the corporate arms Kiyosaki has done business under, filed for bankruptcy protection in August, after it was ordered to pay just under $24 million to the Learning Annex and its chairman Bill Zanker.
Kiyosaki was one of the small-time mountebanks who made it to the big-time in the aughts by telling his forever falling behind audience that they could get ahead, they just had not learned how. The shtick behind the Rich Dad books was that Kiyosaki was sharing secret money-making strategies of the wealthy with his wage slave readers. The tips ran the gamut from ridiculous to illegal and downright hurtful and included advocating for insider trading, arguing for the purchase of multiple real estate properties with little or no money down and telling followers they could purchase stocks on margin via unfunded brokerage accounts....MORE
For real invective though it's hard to top Kent to Oswald in King Lear:
Oswald: What dost thou know me for?
Earl of Kent:
A knave; a rascal; an eater of broken meats; a base, proud, shallow, beggarly, three-suited,-Act II, scene 2
hundred-pound, filthy, worsted-stocking knave; a lily-livered, action-taking knave, a whoreson,
glass-gazing, super-serviceable finical rogue; one-trunk-inheriting slave; one that wouldst be a
bawd, in way of good service, and art nothing but the composition of a knave, beggar, coward, pandar, and the son and heir of a mongrel bitch: one whom I will beat into clamorous whining....
broken meats = left-overs
worsted-stocking = inferior [because worsted (wool) stockings were inferior to silk ones]
action-taking = litigous, running to the law instead of using manly self-defence
glass-gazing = given to gazing into mirrors
superserviceable = officious, a 'little hitler'
finical = nit-picking
bawd = whore master
the composition of = the result of combining
pandar = pimp
thy addition = your personal description
HT for the definitions: Listology
