Posted by denised in 
Karpman and family in happier times
Good morning America did a story today about a former CEO and institutional equity sales trader who now works as a pizza delivery guy making $7.29 an hour. 45 year old Ken Karpman, his wife and their two children are living in their 4,000 square foot home in Tampa, Florida, but the home has recently been foreclosed and they will be forced to leave. At the peak of his career Karpman made over $750,000 a year. After starting a business that failed and burning through his savings and 401k, Karpman said he had to go to work wherever he could find a job.
A good Samaritan has taken over paying the kids’ private school tuition that runs the couple about $30,000 a year. Regardless of what kind of boss he was when he was a CEO, its still a tough position for anyone to be in. Read the full story here.
