The Playboy of Indiana

American Greed Podcast

CNBC

True Crime, Documentary, Tv & Film, Society & Culture

4.6 • 1.9K Ratings

🗓️ 14 June 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tim Durham lives in a 30,000-square-foot Shangri La on the outskirts of Indianapolis, has a $6 million yacht and parties with Playboy models. He claims to have made his fortune as a king of the leveraged buyout, with his company Obsidian Enterprises buying stakes in struggling manufacturing companies, turning them around, and flipping them for big profits. Problem is, the profits that Durham claims to make as a fix-it-and-flip-it king are bogus and he's burning through investor money. (Original television broadcast: 1-22-15) Want to binge watch your Greed? The latest episodes at: https://www.cnbc.com/american-greed/

Transcript

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0:00.0	This is the American Greet Podcast presented by CNBC. I'm Stacey Keech.
0:09.0	In this episode of American Greet, Indianapolis Businessman Tim Durham lived like a Hollywood Playboy.
0:17.0	Tim liked Flash. He liked car companies and cigar bars and ultra lounges and yachts.
0:25.0	He dates Mumbles. Drive super exotic cars.
0:29.0	I had a nail on the tire. I was $22,000.
0:33.0	And owns a $6 million yacht.
0:36.0	I mean, I like material things. Absolutely. I think that's what drives an American economy.
0:41.0	I think everybody's interested.
0:44.0	Durham's ambition to be the world's richest man.
0:48.0	The end of the day when I freed my last breath, I'd like to be the work more than anyone else in the world.
0:53.0	But this master of the universe perverts Midwestern values
0:58.0	by stealing $200 million from blue collar workers. Farmers.
1:04.0	Fire. School bus drivers.
1:07.0	And I just would like to ask him, was it worth it?
1:11.0	Where you are now, would you do it again?
1:14.0	I first shot with Playboy in 2006 and 2007.
1:26.0	And then I was on Beauty and the Geek season three.
1:30.0	Megan Hauserman is a reality TV star known for her work on dating shows.
1:36.0	I was on VH1's Rockle of Term School and Rockle of Two.
1:41.0	VH1's I love money.
1:45.0	And then I had my own show, Megan wants a millionaire.
1:48.0	In the summer of 2007, Megan gets a call from her modeling agency.
	...

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