Did you ever think that the day would arrive when "billion" became a common household word?
...When an Oklahoma oilman would pay a nearly $1 billion settlement to his ex-wife in a divorce case?
... When five global banks would be fined $4.25 billion for deceptive practices?
...When Warren Buffett would buy Duracell batteries from Proctor & Gamble for $4.7 billion?
These lofty Midas-like events are regularly showing up as just another day at the office.
But when Harold Hamm, the CEO of a big oil company, Continental Resources Inc., lays out his golden fleece to settle a divorce, even People magazine decided to put it in context, noting that Donald Trump only paid Ivana $25 million to send her on her way. Tiger Woods' divorce cost him $100 million. In today's business world, beer money.
In an email to People magazine, Hamm, who is said to be worth $14 billion (as of this afternoon, commented forbes.com), seemed quite pleased with how it all turned out. "This is a fair and equitable outcome to the case, " he wrote. "Out of respect for my family we have no further comment on the matter."
So drill, baby, drill!