http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/01/02/BAG2K42A441.DTLFor years, there have been rumors among the homeless downtown that a drifter in North Beach was sleeping in the gutter while he had all the money he needed in the bank.
It's true. That drifter is 68-year-old Lou Dinarde.
Dinarde is homeless, he often sleeps in the gutter or on the sidewalk, and he has plenty of cash -- a trust fund that at one point was worth nearly $700,000. He draws $2,500 a month from the fund plus $500 a month in Social Security.
Dinarde's had this money rolling in since 1992, when his mother died and her assets were sold to create the trust.
Trouble is, he can't resist the bottle. He abandoned his career as a carpenter three decades ago for life on the streets.
"I'm rich, but I like it out here. I ain't sleeping inside," Dinarde mumbled through sips of vodka last summer, as he sat with legs splayed in front of St. Francis of Assisi Church. "You can't make me."
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