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An Oil Baron Stiffed Goldman Sachs, So It Seized His 217-ft. Yacht

A Texas man, once swimming in oil wealth but now reportedly fallen on hard times, has suffered the ultimate indignity—having his yacht seized by a lender. William Kallop was until recently the proud owner of the Natita, a 217-foot beauty featuring a movie theater and helipad and named after his mother-in-law. But the Wall Street Journal reports More...

by kradzcalypse | Published 1 week ago
By kradzcalypse On Friday, August 11th, 2017
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An Oil Baron Stiffed Goldman Sachs, So It Seized His 217-ft. Yacht

A Texas man, once swimming in oil wealth but now reportedly fallen on hard times, has suffered the ultimate indignity—having his yacht seized by a lender. William Kallop was until recently the proud owner of More...

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