Thursday, September 27, 2007

Foreclosing On Minnesota Farmers A Way To Great Wealth?

On the website of television sports network, ESPN, appears a list of the most hated franchise owners in major league sports. Listed at #12 on the list is the Minnesota Twins baseball team owner Carl Pohlad. The accompanying blurb on Pohlad contains this excerpt:
  • Pohlad started his banking fortune, now valued at $2.6 billion, by foreclosing on the land of Minnesota farmers during the Great Depression.

For more, see (no longer available online) ESPN Page 2 - The owners we love to hate.