What's a shocking number from the Bob McDonnell indictment?
Near the peak of the market, they invested in property in a Richmond suburb, at the Wintergreen resort and at Virginia Beach. Those properties had lost $600,000 in value as of the most recent assessments.
The two Virginia Beach rentals McDonnell mentioned in his e-mail were a particular source of concern. The houses “required capital infusions of up to $60,000 annually,” according to the indictment, and the McDonnells had to rely on loans from family and friends — at least until they met Star Scientific chief executive Jonnie R. Williams Sr., who offered to help them out.
That's a lot of money gone.
You don't need a Rolex to know times are going to be tough.