garbagetweet
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I hear you, Andromeda. But how do we know for sure that Alvin wasn't an upstanding citizen? Did I miss something?
I know Calgary/Edmonton intimately, and know for sure that the 'new money' families of the oil patch do not own furniture from the 1980's, or live in homes that have never been remodelled. In Calgary, kids throw away last year's bike when they get a new one. Successful people don't overprice a plant they have had for 20 years, and try to sell it for extra $$(as per the L's Kijiji ad)
The real estate business as well as multi-level marketing, and "most" entrepreneurs are gamblers, always looking ahead and usually highly motivated to make their simple or financially troubled lives better. They DO tap into their 'centre of influence, or warm market' and that is a huge part of it all of the above mentioned businesses. People are intrigued by the idea of creating wealth in these particular industries.
I can't speak for the oil business, but know that people with a lot more financial clout than AL have lost in that particular game, and recently.
I don't believe the L's were walking away wealthy, as much as they may have wanted to give that impression.
I think of them as 'wannabe' entrepreneurs who used the value of their home as leverage, and it just didn't work out.
These are all good points Krystine.
When this story first broke I took a look at the three or four Kijiji ads that had been listed and was quite surprised at the prices they had for their old furniture. Also, they sold their home at what I would consider below market value and well ahead of their "anticipated" date of departure in an overly hot real estate market in Calgary. Surely a former real estate agent would have better sense and would be more aggressive in trying to get top value (unless it was a fire sale for immediate cash.)
The various financial bits of information which have been surfacing makes me wondering if poor or weak finances have any relation to the O Brien family not putting forth the $100,000 reward that was talked about from approximately day two on wards.