Dallas Tycoon Sam Wyly Explains…

Dallas tycoon Sam Wyly explains curious timing of his pro-immigrant book by Cheryl Hall

Any day now, U.S. Bankruptcy Judge Barbara Houser is expected to hand down a ruling that could mean financial disaster for Sam Wyly.

But the 82-year-old entrepreneur, who turned a $1,000 investment and the idea of selling mainframe computer time into a family fortune worth more than a billion bucks by 2010, doesn’t seem to be sitting on pins or needles about a potentially enormous tax bill.

Instead he’s focused on getting his latest book, The Immigrant Spirit: How Newcomers Enrich America, into the hands of voters. He thinks Super Tuesday is a perfect day to launch his compendium of major contributions made by new Americans and their offspring.

The book is decidedly apolitical. Its author is determinedly not.

Read Cheryl Hall’s full article on The Dallas Morning News.