Chuch Prince, former CEO of Citi who was fired for their losses that resulted from the collapse of the housing market, is now unable to find a buyer for his house .
Prince’s five-bedroom Tudor-style house in Greenwich, Connecticut, has been on the market for six months. He has cut the price by $300,000 to $5.85 million, according to the property listing.
It appears that he paid $4.48M for the house in 2003, so one wonders why he isn’t lowering the price more.
Maybe he has a 2nd mortgage on it…..heh.