David Siegel, the owner of Westgate Resorts, made a lot of money selling
timeshares. A lot of low interest money was out there just waiting for him to take in
2008. His employees sold the
timeshares to ordinary people with as little at $50 down. He needed a lot of circulating money to
be able to carry the note on the loans.
He lives in a 30,000 square foot Florida home with his wife Jackie and
their six children plus their niece.
They are building another home with 90,000 square feet and sparing no
expense to fashion it after the Palace of Versailles. Everything starts to change when the economy collapses due
to the sub-prime mortgage crisis. The cheap money starts to dry up.
David is 73 years old and Jackie is 45 years old,
Jackie spends a LOT of money. She
has a limo driver, nannies, housekeepers and a cook. This is very interesting, especially the outrageous amount
of squandered of money. Showcases a staggering amount of mindless gathering of
possessions. 3 ½* (I liked this
movie)
100 min, Doc directed by
Lauren Greenfield with David and Jackie Siegel, Virginia Nebab.
Note: Blockbuster 4*, imdb 6.9 out of 10, 95%
critic 77% audience on Rotten Tomatoes.
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