Quote from hilojack:
Not having read any of this thread, it reminds me of a story my buddy tells of a guy he used to work with on the NY Merc. When the guy knew he was going to get divorced, he took out a loan using his home as collateral and sold his car. He then proceeded to enter the ring and rigged a trade with a good friend of his where he "lost" everything, including the loan and the house. He claimed to be so despondent after the loss that he would be unable to work again. When the divorce took place, there were no assets to divide up as he had "lost" everything to the market. The wife got to keep her car and the clothes on her back, and the judge order a nominal sum of alimony based on the guys financial picture at the time of divorce. Once it was all finalized, he somehow managed to make it all back, when his friend returned the favor of the rigged trade. The guy claimed to pay the wife a bit extra for "services rendered". This took place back in the day and is highly unlikely to work with todays regulations. But a funny story nevertheless.
