Did anyone see that show on CNBC - "Untold Wealth - The Rise of the Super Rich" ? It was an hour long show that sort of interviewed these VERY wealthy people, finding out how they got that way, etc.

Here's a link to the page that talks about it, looks like they are replaying it from time to time: Anyways, the relevance to this post is that one of the guys in that show did pretty much the same thing as this. He found struggling companies, bought them out, fixed them up, and then resold them. Said he made a couple of million off his first deal, and that's what shot him up to super wealth, he just kept doing it. I'm sure one needs to have a special skill set in order to do this, so joe schmo off the street can't jump into this, but if you have the skills, and the desire, it could be done? Not commenting on if the original poster is telling the truth or not, just making an observation, that there ARE some people out there that do this.

If you get a chance to watch that tv show, it's pretty inspiring.