Celebrity Justice
Northern Trust Could Have Hit "Jurassic" Jackpot

Michael CrichtonScrew the bailout money. Northern Trust is getting "Jurassic Park" money!!! But wait: The bank is turning Michael away!

We've just reviewed the will of Michael Crichton -- who at times pulled in $100 mil a year -- and guess who's named as a co-executor of his estate? NORTHERN TRUST!

But alas, late last month, legal papers were filed in which Northern Trust declined to serve as the co-executor. Apparently the bank only likes government money...



Tags: bailout, michael crichton, MichaelCrichton, northern trust, NorthernTrust, will

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(Page 3 of 3) Previous 15 Comments

31. bank's can't act as executor's for a customer. it is against most bank's policies to get involved in their customer's personal affairs.

Posted at 8:33PM on Feb 26th 2009 by whoareyou??

32. We can do what ever the hell we want to do.GOV needs to but out we built this city we built this city on rock&roll.We also run the affairs for millions of people.we can offer great investments and investment firms for our people INCLUDING those we own in the goverments(WORLD BANK) does run the world just try to get around us.I dare you`all.

Posted at 8:45PM on Feb 26th 2009 by Bankers

33. I think everyone should call 1-800-BAILOUT right now and tell us all how you really feel about the governments bailout mess. I'm mad as hell and I'm not going to take it anymore!!!!!!!

Posted at 9:43PM on Feb 26th 2009 by jeff turner

34. Um.......you know the administrators of a will CAN and DO get paid for their "services"?
The way NORTHERN operates there might not be anything left over to distribute.

As for Levin being a lawyer.......I wouldn't hire a lawyer who gets his kicks doing nothing but making fun of people.......deserved or not.

Posted at 10:58PM on Feb 26th 2009 by CAA

35. Absolutely amazing that TMZ now fancies itself to be a journalism organization and hasn't the faintest understanding of the stipulations around TARP money and the differentiation between banks that were actually "bailed out" and banks that received funds as a means of ensuring continued profitability. NT is a private bank whose personal financial services business is solely based on HNW clients. No exposure to subprime lending, loan growth (yes, loan growth, not contraction) north of 20% in the last quarter, and to quote Nancy Bush, one of the many analysts that follow NT - it could pay the full amount of TARP funds back tomorrow, if the stipulations did not make doing so such an onerous task.

There are real world scenarios of institutions receiving taxpayer funds and then hiking interest rates, contracting loans or ramping up foreclosures, and this simply is not one of them. Populism can be a powerful tool, but not when it is blind and directed at institutions who are actually doing the best possible things in this economic environment.

Posted at 12:45AM on Feb 27th 2009 by dingo

36. You can hand them all your money dingie and see what returns you get.Money in hand is better, safer and the only way to reinvest as in buy and rent those cheaper than ever houses.You won`t make a dime sticking to the rule book,the bank will!.But you will never see the money they make as they will hide those profits and get away with it unlike madoff who only got away with it untill the markets crashed,,,he would have got away with it forever if that had`nt happened,T-Bills are safer than banks but if you want your money you better keep it in hand.

Posted at 7:13AM on Feb 27th 2009 by Than you give them YOur money dude

37. The only thing that offends me about NOrthern trust is the fact the gave a non standard special low rate mortgage deal to Obama and this crooked friend Rezco. That does not offend you liberals, but that is where ALL THIS TROUBLE STARTED. ALL OF IT IN CROOKED REAL ESTATE DEALS FOR INNER CITY DEADBEATS LIKE BAMMIE AND REZCO.

Posted at 10:28AM on Feb 27th 2009 by jake

38. Let me get my thesaurus oh F it!.Knowning bank lingo-dingo don`t put food on the table.How mant banks have failed in the last ten years and how many would have failed had not our taxe dollars at work-bailed them?.Stat/sheets don`t sell nothing but stats but yes those stats can help pay for a new house...that is way over market cost.If I had a penny for every collage grad that thought they had the inside take on the markets but turned around in circles untill they failed I would still be a trillionare...unless all those frats held hands and got my companies by proxy masonic poopha dispatch nuke2pukeSS.Dingo lingo is I went to college but failed to get mine...AKE I still sell dope.

Posted at 8:27AM on Feb 27th 2009 by Ramp up to no where

39. ALL presidents get the kickback after office- speak easys at the one percent owned colleges,IF they parden all 200 mob hohas poohpa`s.They all have maxed the power of parden since our goverment was owned by the trilate.Join or die with a gun shot to the head...standard deal.I have some hidden famliy now gone by the frat poopah`s GPS dispatch mob hord...SHOT GUN to the HEAD and never even looked at case in point on point.They are all the same owned and placed by the worldbank trilate and that AN`t never gona change.JOIN the world forces or die...UNION OF ONENESS..wars are by thier design just as hollywood pushs them.

Posted at 8:42AM on Feb 27th 2009 by standard inside deal by SS johnny F Titts

40. Does anyone else think he looks like an older Brad Pitt?

Posted at 7:48PM on Feb 27th 2009 by Heather Kaye

41. TMZ you really should check your facts on Northern Trust. The bank did not want, need or ask for bailout money. They were forced to take it by our govt. Their business is to cater to high net-worth individuals and yes they treat them to lavish parties. They have for years - it's their business model. They honored their commitment to a golf tournament that benefits many charities and all you can do it slam them for it? As a former Northern employee I can tell you that they are one of the best run banks in the country. Perhaps you would do a better service by asking why the govt forced bailout money where it wasn't needed. Surely that money could have been better spent helping other businesses or homeowners who truly are in need. Northern Trust isn't the bad guy here.

Posted at 10:19PM on Feb 27th 2009 by Former Northern Employee

42. TMZ .... Your barking up the wrong tree. You should be exposing the moron in the government who forced the 1.5 B onto TNT. Trust me ...the TNT does not need the govmt's handout. How many other banks rec'd money that was not needed? TMZ ... I wish you scream just as loud against the farce committed by the Treasury Dept? These Billions s/b returned!!!!!
Former ITW guy.

Posted at 11:46PM on Feb 27th 2009 by ChiTown Guy in Diego

43.
I'm not only amazed you can read, but that you can read a court filing! You probably learned what "declined" meant after applying to Lower Lompoc Junior College.

Posted at 10:05PM on Mar 3rd 2009 by Bruno

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