That’s the word being put around here in Greenwich by his friends. I wouldn’t wish that horrible condition on anyone and if it’s true, I feel terribly sorry for the Noels at the timing – they’ll be incurring huge expenses just when their assets are imploding. But (a) it’s rumor, not fact and (b) I’ve read plenty of horror stories already about pensioners who have lost their life savings in the Madoff/FGG Ponzi scheme and I’m not necessarily opposed to the “sauce for the gander” theory of divine Karma.
It does remind me a bit of that old Steve Martin routine on SNL about how to avoid paying taxes: “First, don’t pay your taxes. Then, when the IRS shows up at your door, two simple word, just two words, will make them go away, forever: ‘I forgot!’ ”
Still, it will be interesting to see if this rumor goes anywhere. If Noel’s partner Jeffrey Tucker starts wandering around in a ratty bathrobe and slippers, we’ll know the two men share the same lawyer.