1. If you saw it on FI, then its true.

2. If he's selling one house, it's to buy a bigger one. Perhaps you don't know how much $ he's made of Mesa in the past few years. Millions in bonuses, high salaries.

His family (namely his wife and daughter (who is hot BTW)) owns about 60% of the airline (if not more). Reason: convicted fellons can only own a certain % of american companies, per the SEC charges he was convicted of.. I know this isn't a money maker now, but it was when stock was selling for $7 a share 2 years ago.

JO is loaded, and stands to get roughly $4 million in the form of a golden parachute if he is removed from his job.