July 05, 2005

Not a Happy Fifth for the Duke, either. It now seems that he sold his personal yacht a few years back (the yacht he's currently living on is owned by Mitchell Wade) to a convicted felon who had recently served time for bribery and bid-fixing. He made a 200% mark-up on the deal. The new purchaser did not bother to change the registration on the yacht, as he intended to resell the boat to Cunningham soon afterward. But he did seek the Congressman's assistance on obtaining a pardon for his earlier misdeeds, and, perhaps in return for that mitzva, arranged to buy out the second deed of trust on Cunningham's new villa in Rancho Santa Fe.

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