• 05 Jun 2008 at 5:31 PM

Write-Offs: 06.05.08

$$$ Ball’s in your court, Jimmy Cayne: “The co-founder of Broadcom Corp. has been accused of secretly spiking the drinks of his customers’ representatives with Ecstasy, and hiring prostitutes for them and other associates, according to a federal grand jury indictment.” [MarketWatch]
$$$ Wealthy Americans Under Scrutiny in UBS Case [NYT]
$$$ Jennifer! Who works at a hedge fund! Long shot! [craiglist]

Comments (12)

  1. Posted by guest | June 5, 2008 at 6:01 PM

    That Broadcom story from MarketWatch is unbelievable. The ex-CFO is also involved, and the drug use (cocaine, marijuana, Ecstasy, and methamphetamines) was something out of a Hunter S. Thompson memoir. Since it’s based on a pending federal indictment, it’s got to have some arguable basis in fact.

  2. Posted by guest | June 5, 2008 at 6:26 PM

    Bess did you see Lewis Black making an ass of himself on KKR?
    http://www.july17action.org/

  3. Posted by Anal_yst | June 5, 2008 at 6:36 PM

    @ 6:01
    I remember hearing stories about drug-induced parties the guy would have @ his mansion, something about underground hallways and Poe-type craziness too!

  4. Posted by guest | June 5, 2008 at 6:42 PM

    “Marijuana smoke and fumes crept into the plane’s cockpit, prompting the pilot to put on an oxygen mask, the indictment said.”
    Was he on the Soul Plane with Snoop?
    -NSD

  5. Posted by guest | June 5, 2008 at 7:32 PM

    When are we going to get some speculation about analyst bonuses? Surely Dealbreaker has some inside connections with HR at the IBs.

  6. Posted by guest | June 5, 2008 at 8:18 PM

    Anal_yst: Underground hallways and Poe-type craziness, too? What? Purloined letters? Red masques? Beating hearts entombed beyond a wall?
    guest@7:35pm. DB did a spreadsheet on analyst bonuses just a week or so ago.

  7. Posted by guest | June 5, 2008 at 8:56 PM
  8. Posted by guest | June 5, 2008 at 9:35 PM

    I remember that dude in either Fortune or Forbes with no shirt on working out on some stupid machine, and he was so jacked up, I figured he had to be sucking down Dbold or some crap…if I’d known the truth, I’d have spammed their HR for a job nonstop

  9. Posted by Horselover | June 5, 2008 at 10:51 PM

    yeah; i also know the guy once played cowboy chasing hot cowgilrs at http://riderlove.com don’t know whether he really meant it…

  10. Posted by Judson_Clark | June 5, 2008 at 11:32 PM

    One time I wore a three piece suit to work, high as balls on acid, so I can relate with this guy.

  11. Posted by guest | June 5, 2008 at 11:41 PM

    The AP reported that this guy first got into legal trouble when he didn’t pay workers who built him secret rooms in a warehouse, which he wanted in order to keep his activities “secret from his wife.”
    As if his wife didn’t have a clue as to what was going on …

  12. Posted by guest | June 6, 2008 at 12:18 AM

    Jimmy Cayne tokes it up and gets bailed out by the feds. Henry Nicholas tokes it up and gets indicted by the feds. Talk about a double standard. But what we really want to know is, how many diamonds were the hookers he was hiring out for clients?

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