Happy Holidays from Hollywood
Producer Laura Dunn says that her profits from the Lou Pearlman movie she plans to make will all go to the investors who were burned by his schemes. Here's what she said in an email to me:
"I have been planning all along to donate 100% of MY profit from the movie to the individual investors. I wanted to wait to share this information until we were further along in production, but after reading the article I thought that this would be a good time to share this information. I want to give hope back to some of these people. I was never intending to cash in on this project as this is not who I am. I have been very fortunate in my life and can only hope that this movie is a great success so we may be able to help the "individual investors" out. Please let everyone know that there is hope."
Of course there have to be profits before there is anything to share, but it's certainly a generous gesture and in keeping with the holiday spirit.
And may I add my good wishes to all of you for a Merry Christmas!
St. Petersburg Times personal finance editor Helen Huntley writes about money topics and answers questions about financial planning, investments and personal income taxes.
Thank you laura, we get such little
good news, I hope that the film does well.
Also I would like to thank Helen
for all her hard work and keeping us
informed.
Posted by: jo | December 30, 2007 at 01:51 PM
I wish to thank Laura Dunn for her very generous offer. It's a beacon of hope for all of the investors. I hope the movie does real well at the box office!
Posted by: GiGi | December 28, 2007 at 09:20 AM
Iris: Laura Dunn, filmmaker, is not the same person as Laura Dern, actress.
Posted by: Mr. Bill | December 26, 2007 at 08:04 PM
That would be an excellent idea, however, if they did and he charged them, I think that money should go to the investors.
Posted by: Kim | December 26, 2007 at 07:56 AM
Is it true that Artie Lange the star of Beer League is going to play Big Poppa??
Will they film at Lou's mansion? Soneet could charge them rent by the day.
Posted by: Howard | December 26, 2007 at 04:53 AM
May God bless you Laura Dunn!
Posted by: disgusted | December 26, 2007 at 01:24 AM
The deadline for filing a bankruptcy claim is Jan. 30
Posted by: Helen Huntley | December 24, 2007 at 07:59 PM
And Helen deserves a Pulitzer! Truly, thanks once again for being the steadfast beacon that so many of us continue to rely on for the real story.
(As for Laura Dern -- not withstanding a totally subjective perspective (mine) -- from what I've seen and read, that is the kind of person she is. I personally thank her for her generous heart!)
So remind us, Helen, proof of claims due Dec. 31st?
And a Very Merry to you and the best in the New Year.
Posted by: Iris | December 24, 2007 at 03:55 PM
It's so nice that during this time of year we,the 'burned investors' could at least realize that just as there are evil beings amongst us, there are also those who sympatize with our cause and wish us well. Thank you Laura Dunn for such an uplift. May your Christmas be joyful, healthy and of course very prosperous!!!
Posted by: Joseph | December 24, 2007 at 02:42 PM
Thank you Laura,we all hope there is a Academy award in this for you. Happy Holidays.
Posted by: Ron | December 24, 2007 at 10:08 AM