SCUM DOG BILLIONAIRE: Web Site Welches On $1 Million Reward For The Obama Streaker The billionaire has thrown the streaker a bone. The Beverly Hills mogul, who promised $1 million to the first person to bare all in front of President Obama, will give the unemployed painter a payout. It’ll just be much smaller than expected. Alki David, the heir to a shipping fortune, is calling it a “generous consolation prize.” Others might call it “shrinkage.” David will give Juan Rodriguez enough cash to cover six-months rent on the naked runner’s Staten Island apartment, said an attorney to Rodriguez. David will also pay for some of the cost of medical treatment for Rodriguez’s sick sister, according to reports. Rodriguez, who has three children under 3-years-old, took up David’s challenge Oct. 10 as Obama delivered a speech at a rally in Philadelphia’s Germantown neighborhood .MORE

TMZ: Alki insists Rodriguez will be “overjoyed … beyond his wildest dreams.” MORE

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