RISMEDIA, July 31, 2009-(MCT)-After lowering the $4.2 million asking price of their Lake Bluff estate three times and by more than $1 million, Mike and Marti Palmer flirted with the idea of trading the still-unsold custom home for something smaller. They own 70% equity in the 9,700-square-foot home perched on a wooded ravine near Lake Michigan, and are by no means “distressed sellers.” But they have been forced to think creatively about how to market the 15-room, English-style manse- now going
A few days ago, the University of California at Merced announced that the First Lady’s commencement address cost this public institution a fortune — although it hastened to assure us that most of the cost would be covered, not by California’s overburdened taxpayers, but by private donors. The nation’s overburdened taxpayers, it seems, are not so lucky when it comes to Michelle’s other expenses. News has now trickled out that her staff is so large the budget is almost three times what Lau
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