Roger Staubach has broken my curse.
I’ve remarked before that whenever I write a column casting someone or something in a favorable light, they end up doing something stupid, or all hell breaks loose, and the world is forced to take a negative view.
A few recent examples:
* I wrote about the amazing transformation of Ponzi schemer Barry Minkow of ZZZZ Best fame into a pastor and fraud investigator. Then he had to plead guilty to a new felony involving stock trading.
* I wrote about the safety record of the nuclear industry. Then Ka-boom! Earthquake proves me wrong in Japan.
* I wrote a nice column about Warren Buffett. Now he’s whitewashing “Sokol-Gate.”
Staubach, however, has long proved the exception. Click here to read the nice column I wrote on Staubach in 2006.
You’d think after such a positive piece, he’d have no where to go but down, considering my track record. But no, Staubach went on to sell his real estate empire, the Staubach Co., to Jones Lang LaSalle to for more than $700 million in July 2008.
Staubach is a Super Bowl winning Dallas Cowboy’s quarterback who is credited with coining the phrase “Hail Mary,” but this was the best play of his life. He founded the firm in 1977, and sold it just three months before Wall Street collapsed in October 2008. And get this: In the years before the sale he gave 88% of the company to 300 insiders to help build it. Talk about a team player.
I ran into Staubach again last week at the Society for American Business Editors and Writers conference in Dallas. He told the group that despite some improvements, he still sees the commercial real estate market struggling with over-leveraged properties.
“We’re still going through difficulties,” he said of the market. “Hopefully, we’ll figure them out. I have a lot of confidence that eventually we will.”
As for the economy:
“I am not sure we’re out of the recession,” he said, ” based on the worry of inflation and also the debt were accumulating.”
He remains on the board at Jones Lang LaSalle with the title, “Executive Chairman of the Americas.” He also has a black Labrador named “Ryan” to keep his amazing life in its proper perspective.
Said Staubach: “When you have a dog and the title of executive chairman, it’s the fourth quarter.”
Clearly, Staubach is one of the good guys – a straight shooter to the end.