Hearst Chairman Eyes P-I HQ as Personal Residence | The Naked Loon: "“The truth is, I lost hundreds of millions of dollars investing in condos in Florida and Arizona, a few million more buying mortgage-backed securities, and now even my little 5-bedroom cabin in The Hamptons is going into foreclosure,” said Hearst. “Basically what it boils down to is that I need a place to live, and the P-I offices are an ideal location.”"
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