Sonia Sotomayor has a “fail” on FICO. Unless Barack has intervened, her credit score is probably abysmal. How “wise” can this Latina lady be if she’s financially reckless? Moreover, and with all the talk of her extraordinary empathic powers, The American Thinker wonders how Ms. Sotomayor will be capable of “empathizing” with “tens of millions of Americans who do have investments, 401Ks, and personal savings,” since “after so many years of highly paid professional work, [she] has no savings or investments”:
“Sotomayor’s annual earnings come to $196,000 a year ($170,000 a year as an appeals judge and $26,000 for part-time teaching). She has served as an appeals judge for 17 years. This service was preceded by lengthy tenure at a corporate law firm of Pavia and Harcourt, where she was a partner, and presumably was well compensated.
Yet after a career that has spanned 25 years, Ms Sotomayor only has one thousand dollars in net savings. As reported in the New York Post, Sotomayor’s bank account holds $31,985. Her credit cards debts are $15,823, and she has $15,000 in unpaid dental bills. That leaves her with $1,162. Sotomayor’s total assets, revealed as $708,068, consist almost entirely of equity in her Manhattan apartment. The judge’s financial filing does not disclose what percentage of this figure is unrealized gain, but it must be sizable. In other words, other than home equity, Ms Sotomayor is essentially broke.”