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What You Should Know / December 2, 2009

halsey minor1

www.readthehook.com -- Halsey Minor, the raised-in-Charlottesville entrepreneur whose successes include Salesforce and CNet but whose recent forays into jet-buying, hotel-building, and horse-racing appear to have taxed his voluminous coffers, is now going through something that’s becoming all too common in recession-racked America: foreclosure. “He may have stopped paying, or he was light with his payments somewhere along the line,” says Charlottesville real estate expert Wallace S. Gibson. “And then somebody, rather than taking his okay-I’ll-pay-you-next-Tuesday, got scared, and foreclosed.”

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