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Oracle CEO Ellison to Buy Most of Hawaiian Island Lanai

 
Anonymous Coward
User ID: 9223105
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06/21/2012 01:24 AM
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Oracle CEO Ellison to Buy Most of Hawaiian Island Lanai
While most of us are struggling to make ends meet, this guy is buying a small island AND it's people. Incredible and only in 2012!

[link to www.bloomberg.com]
Anonymous Coward
User ID: 18239189
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06/21/2012 01:31 AM
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Re: Oracle CEO Ellison to Buy Most of Hawaiian Island Lanai
Top govt contractor buys real assets. Must be getting out of the stock mkt.
Anonymous Coward (OP)
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06/21/2012 01:32 AM
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Re: Oracle CEO Ellison to Buy Most of Hawaiian Island Lanai
Combine this with: Thread: Why is there an increase in wealthy Chinese buying US property? and will most of the U.S. be owned and governed by either the very wealthy few or big corporations?
Anonymous Coward (OP)
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06/21/2012 01:34 AM
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Re: Oracle CEO Ellison to Buy Most of Hawaiian Island Lanai
Top govt contractor buys real assets. Must be getting out of the stock mkt.
 Quoting: Anonymous Coward 18239189


Yea, but a whole inhabited island! Crazy.
Anonymous Coward
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06/21/2012 01:38 AM
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Re: Oracle CEO Ellison to Buy Most of Hawaiian Island Lanai
It's OK....

Ellison is in the 1%, and he is a HUGE supporter of BARACK OBAMA, so nothing will be said, and the media won't go in-depth about it.

the Usual Enviro-Nazi suspects won't be saying a damn thing about it, either.

You see, EVERYTHING is now Ok, if Done-While-Democrat.
Anonymous Coward
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06/21/2012 01:42 AM
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Re: Oracle CEO Ellison to Buy Most of Hawaiian Island Lanai
look up where the name oracle came from.
Anonymous Coward
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06/21/2012 09:39 AM
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Re: Oracle CEO Ellison to Buy Most of Hawaiian Island Lanai
The deal involves 88,000 acres of land, plus two resorts, two golf courses, a stable and various residential and commercial buildings.
Anonymous Coward (OP)
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06/21/2012 10:54 AM
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Re: Oracle CEO Ellison to Buy Most of Hawaiian Island Lanai
The deal involves 88,000 acres of land, plus two resorts, two golf courses, a stable and various residential and commercial buildings.
 Quoting: Anonymous Coward 18169648


As American communities find it harder and harder to pay the bills, I wonder how many of these 1 percenters will step in and buy the "rights" to the whole place?

Incredible and frightening times we live in.





GLP