Pacquiao has just invested in yet another long distance management business in which his "managing partner" has all of the autonomy to run the books in his absence. Not only that, it is a "cash" (not check) business - tattoo shop in L.A. - in which the person running the day to day operations can easily skim off the top. I'm not saying that this "business partner" is dishonest. All I'm saying is that it is the kind of business - similar to Pacquiao's other businesses - that relies on long distance management (a.k.a. absentee ownership from Manny) and is a business in which the person operating the cash register can easily take in cash (and pocketing it) without giving the customer a receipt.
Floyd, as we all know, burns money like there's no tomorrow. There is no discussion needed in this regard.
The question is: Who gets broke first between these two?
P.S. Again, I am by no means claiming that Pacquiao's tattoo shop partner is dishonest and un-trustworthy. For all we know, he could be the most honest person on the face of the earth and should therefore be trusted. Same goes for Pacquiao's other business partners.
Floyd, as we all know, burns money like there's no tomorrow. There is no discussion needed in this regard.
The question is: Who gets broke first between these two?
P.S. Again, I am by no means claiming that Pacquiao's tattoo shop partner is dishonest and un-trustworthy. For all we know, he could be the most honest person on the face of the earth and should therefore be trusted. Same goes for Pacquiao's other business partners.
Comment