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The Senior Financial Manager Revealed The History Of Luxury Of Cage

09:08, 2010-Feb- 6 .. 0 comments .. Link

The danger past and God forgotten.

Nicholas Cage's treasury can't afford the excessive extravagance, he had been an emergency. Nicholas responded that was the result of improper financial management of his ex-property manager. But the manager had his own rhetoric, saying that it was a result of the big spender of Nicholas. Not long ago, Nicholas took the manager Samuel J. Levin to court on grounds of improper financial management.

 But Samuel counterclaimed his former employer recently. He mentioned that Nicholas never had control over his spending, and worse still, he never listened to any financing suggestions. Nicholas said in the document that Samuel embezzled millions of dollars by the convenience of duty. And the huge “stealing" was the key to his bankrupt. But Levin believed it was his reasonable income as a manager. Among the accusations laid out in Levin's the 12 page cross-complaint to Cage's lawsuit against are the below:

1. When Levin was hired as Nicholas Cage's financial manager, Nicholas had already spent tens of millions of property, and left his personal income tax unpaid, which was about several million. 2. At that time Levin had warned Nicholas that unless he was able to earn 30 million U.S. dollars a year, otherwise this consumption level would not make both ends meet. 3, Levin had persuaded him to stop dissipation and enrich the financing status by selling tens of cell phones and a cartoon collection of 1.6 million dollars. 4. According to Levin, as Nicholas shot a series of blockbusters, he himself turned into an "across-the-century" waster.

It is reported that Nicholas purchased three sets of villas which cost over 33million U.S.dollers in 2007 by virtue of the box-office revenue of National Treasure. 22 private cars, 9 Rolls-Royce included 12 pieces of Jeweler and 47 sets of artwork. 5 Nicholas was always generous to his entourages and often spent lots of fund for their travelling, and frequently played big parties in his houses.

6, Till 2008, Nicholas has bought 15 luxury house all around the world, 4 yachts, an island in the Bahamas and a gulfstream. While in his lawsuit Cage alleged that he was in the dark about his dire financial situation, Levin claimed he did everything restore financial control? Except for cancel his credit cards, he has warned the representers and the shopping agents of Nicholas, and had pleased him not buy any estates any more.

Levin concluded in the counter-claim document, "Nicholas is fully aware that the situation now is fomented single-handedly by him himself. He did not listen to the advice about his extravagant." But Nicholas' spokesman hasn't replied to this yet.
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