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cali

(114,904 posts) Fri Feb 15, 2013, 02:26 PM Feb 2013

Maureen O’Connor: Former San Diego Mayor Bet More Than $1 Billion as a Result of Gambling Addiction [View all]

As Maureen O’Connor stood in court Thursday somberly admitting over the course of years that she had bet a total of more than $1 billion in casinos due to her compulsive gambling, it was the sad culmination of an addiction that dismantled a vast fortune and left her broke and in failing health.

The former mayor of San Diego — and widow of millionaire Jack-in-the-Box restaurant chain founder Robert Peterson, who died in 1994 — lost a total of $13 million to casinos, and confessed to taking $2.1 million from her husband’s charitable foundation only to blow it on video poker. But it didn’t end there. Court records show O’Connor liquidated her savings, sold a number of properties, auctioned her valuables and took out second and third mortgages on her home in La Jolla, Calif. — all of it to only rack up extensive gambling debts.

Read more: http://nation.time.com/2013/02/15/maureen-oconnor-former-san-diego-mayor-bet-more-than-1-billion-as-a-result-of-gambling-addiction/#ixzz2Kzezi9KD

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Maureen O’Connor: Former San Diego Mayor Bet More Than $1 Billion as a Result of Gambling Addiction [View all] cali Feb 2013 OP

This message was self-deleted by its author CountAllVotes Feb 2013 #1

Do you feel good at poking fun at her appearance? Puzzledtraveller Feb 2013 #21

Wasn't another former San Diego mayor in the news recently for dubious reasons? sadbear Feb 2013 #2

That's $50 Million A Year Over 20 Years... KharmaTrain Feb 2013 #3

I think that I read that she did it over a 9 year period cali Feb 2013 #4

Sheesh... KharmaTrain Feb 2013 #6

She is getting a real good plea deal also because of her health Puzzledtraveller Feb 2013 #20

I'll never get it malaise Feb 2013 #5

The Thrill Of "The Hit"... KharmaTrain Feb 2013 #7

The "gamber's high" is very, very addictive... Blue_Tires Feb 2013 #8

very true CountAllVotes Feb 2013 #10

Not only that, Blue_Tires Feb 2013 #12

the ones here skirt the laws CountAllVotes Feb 2013 #13

Amen. I have visited the Gulf Coast... HooptieWagon Feb 2013 #14

Maybe people like that would be better off as Commodities Traders kentauros Feb 2013 #9

Damn!!!! You got to know when to hold 'em and when to fold 'em! Initech Feb 2013 #11

We have a long proud history of electing shady repug mayors here in Diego tjwash Feb 2013 #15

She's a Democrat Puzzledtraveller Feb 2013 #16

Ehhh...wrong. Thanks for playing though tjwash Feb 2013 #17

Curious, that entry does not have her being mayor of San Diego Puzzledtraveller Feb 2013 #18

Well? Puzzledtraveller Feb 2013 #19