Ken Karpman was never a big name in the industry. But he did make $750,000 one year as an institutional sales trading type, which emboldened him to start his own hedge fund, which didn't last long. But by the time it went kaput, he had the luxury home in Florida and a high-end lifestyle. Now the house is in foreclosure, and he's been forced to deliver pizza for a living, according to ABCNews.

It makes for interesting TV news--"From CEO to delivering Pizza!"--but it has the feel of a publicity stunt, designed to get him some sympathy and perhaps a job. The storyline couldn't have been much better (if only he had been a Madoff victim). Somehow his daughters are still in private school, thanks to an "anonymous donor." Stunts aside, there is real pain out there, and a lot of people will be forced to do things they would never have considered. 

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