Paradise lost in Caribbean for wealthy resort novice

Trophy hotel investments made during the real-estate boom have turned into major burdens for some American moguls

Robert Sillerman amassed a billion-dollar fortune buying and selling media and entertainment companies. Among his most successful deals: the purchase of television franchise "American Idol."

Mr. Sillerman's winning streak ended on an alluring stretch of beach on this tiny Caribbean island.

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Bill Ackman’s Pro-Tennis Debut Lasted 67 MinutesExternal link

Bill Ackman’s Pro-Tennis Debut Lasted 67 Minutes