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Fight over the castle Charlie Cawley built

By Implode-Explode Heavy Industries

``Tigani faces Wilmington Trust in bankruptcy court over 23,900-square-foot mansion... Under the ownership of Charlie Cawley, the expansion of the Berkeley Road house became an icon of the enormous wealth created by the state's innovations in the banking industry. The founder of MBNA credit card bank, Cawley was a larger-than-life figure whose generosity and easy spending was champagne in a state reeling from the downsizing of the DuPont Co. Stories about dazzling gatherings at the house had Wilmington buzzing for years... Tigani admitted he made a mistake when he bought the house. "If I had to take it back, I would not have bought it," Tigani said. "But the fact is, I did buy it."''

Full post as published by Mortgage Lender Implode-o-Meter on September 05, 2010 (boomark / email).