This is a bummer. Poet/crooner Leonard Cohen is apparently out of cash. Macleans.ca calls it a "sordid tale involving allegations of extortion, SWAT teams, forcible confinement, tax troubles and betrayal." From the article:
…It's a nasty, rapidly escalating legal battle that on the one hand accuses him of conspiracy and extortion, and on the other has him accusing both his highly trusted personal manager and long-time financial adviser… of gross mismanagement of his financial affairs. The case exposes not only private details of Cohen's finances, but also a dramatic tale of betrayal.
The conflict, which Cohen and others have tried to keep out of public view, has left him virtually broke — he's had to take out a mortgage on his house to pay legal costs — and facing a multi-million-dollar tax bill. But the artist, who is soon to release a new album with his collaborator — and current girlfriend — Anjani Thomas, is today remarkably calm about the potentially embarrassing conflict. Still, when he discovered last fall that his retirement funds, which he had thought amounted to more than $5 million (all figures U.S.), had been reduced to $150,000, he wasn't so sanguine. "I was devastated," Cohen says. "You know, God gave me a strong inner core, so I wasn't shattered. But I was deeply concerned."
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