The Guy Who Refinanced His House to Buy PDVSA 2037 Bonds
The horror…the horror…the HAT!
Ross was so taken with the returns he enjoyed in 2011 that he had three green baseball caps custom-made with P-D-V-$-A on the front in gold-colored lettering.
Green was for the color of money, while the letters were encircled by a black ring to symbolize the company’s oil wealth.
He gave one of the hats to his now-deceased former boss, who owned the Madison Avenue store where Ross worked until 2013 and who persuaded him to pour his savings into PDVSA.
The poor guy’s old boss pulled a Chávez on him…set up this whole mess then went and died on him. Coward.
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