Memo to Mrs. Malone
July 23, 2010
The chairman of Liberty Media, John Malone, let it drop in a July 12 interview with The Wall Street Journal that his wife had moved her cash to Canada and Australia and that he himself was none too happy with the drift of things in the United States. "Canada," said Malone, "has a lot more fiscal and bank responsibility than most places in the world and lots of natural resources." Should worse come to worse in America, he added, his wife and he could slip across the border from Maine to Quebec without necessarily introducing themselves to the customs or immigration authorities on the way. "We own 18 miles on the border, so we can cross. . . . Actually, our snowmobile trail goes right on the border."
That the Malones might, after all, choose to stay home with their money is the thesis of this unfolding essay. . .
Download Article for Immediate Access
Request by Mail (10-14 business days)



