Not sure how we missed this but Nails is in trouble, BIG TIME. Many of you will recall that last June, LD put his Thousand Oaks, California house on the market, hoping to see a 33 percent return after having purchased it ten months earlier for $18.5 million. Now we find out that exactly no one went for the $24,950,000 asking price, despite Dykstra’s genius idea to throw in some extras to clinch the deal, the coup de grace of the package being LD’s “Discarded Dips Of Distinction,” a collection of chewing tobacco from the great moments in his illustrious career, tastefully encased in a white gold-flecked display case. And the hits don’t stop there. Private equity firm Index Investors, which granted Dykstra a $850,000 bridge loan in November, secured by the 8-bedroom manse, filed foreclosure papers on Dykstra’s pad last month, as has Washington Mutual, on account of Nails defaulting on his $12 million mortgage. Also, his Gulfstream II was impounded on February 12. Basically, the guy needs cash ASAP. How fortuitous then, that Dykstra’s best bud, Jim Cramer, who’s publicly described LD as the one of the greatest in the biz, will be ringing in the 1000th episode of his television show tonight. As the thing will probably prove highly watched, should JC turn it into a Save Nails telethon? We say yes.
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
I pointed out a couple of days ago that we should’ve known we were in a bubble when a ballplayer who prided himself on not reading (because it might affect his batting eye) was being called an investment genius. By Jim Cramer.
–Gil
http://www.chimeraobscura.com/vm
The only thing worse than a baseball player with money is a neo-con talk show host with money.
This is all you need to know about Nails…
http://men.style.com/gq/features/landing?id=content_8558
“Two Months of Hell with Lenny”
http://men.style.com/gq/features/landing?id=content_8558
for the record, @3 and @4 are two people, not a duplicate post
I still remember reading an article a couple of years back touting LD’s (Learning Disabled?) trading acumen. I don’t like to base my decisions on the way the manager looks, but F’ing A…and that’s before he opens his mouth.
From the article I read, a summary of LDs “trading strategy”: Buy otm calls on highly volatile stocks and sell as soon as he has a 10% return on your money. (Calling forehead slapper, this is in your sweet spot). That’s it. What could go wrong?
Those who gave this guy anything deserve what they get.
The eyes don’t lie, Chico the eyes don’t lie…..
Now I know where Glen Beck got the idea.
Somalians just kidnapped Charlie Gasparino.
@8 – We should be so lucky!
Hard to see LD imploding like this. Didn’t see it coming. Nope.
@2 – you’re a fcking idiot
@2- jim cramer is not a neo-con, genius.
jim cramer vouch= kiss of death
Our world has become so weird that I’ve no idea if you’re joking about the chewing tobacco or not.
I mean, last week Boston Latin, an elite prep school, issued a statement saying saying there were no vampires on their campus. Seriously.
Satire is becoming increasingly hard to do.
You had to be a real douchbag to believe this Dykstra asshole is the real thing. Fuck that fraud. Send him to the hole to join Madoff.
Real Sports on HBO did a profile on Nails. Bernard Goldberg did the interview.
It was clear from the piece that LD just like every Hedge Fund looked like they were brilliant as the bubble grew bigger and bigger.
After I saw the profile on Real Sports I knew it was just a matter of time before Nails struck out. He was trying to sell this crappy magazine to retired athletes that you just knew was a huge joke.
Lenny will be working a gloryhole to make ends meet, and that’s where this monkey belongs.
This just proves once again that the Mets suck.
#1,
I think most everybody knew that we were in a bubble all along.
We should have just known that we were near the peak when a ballplayer who prided himself on not reading (because it might affect his batting eye) was being called an investment genius. By Jim Cramer.
If only Randall Lane knew that this guy was a deadbeat perhaps Doubledown Media would still be in business. The Players Club baby, living the dream!
@18 is spot on. How can anyone take any kind of advice from a Met or former met. Plus LD played in Philly. Isn’t that where Wharton is? Lots of geniuses coming out of there lately.
Another article about his money making schemes:
http://www.newyorker.com/reporting/2008/03/24/080324fa_fact_mcgrath
my gf is from TO, she’s seen the Dude in person and he looks like brett favre’s retarded cousin
Good article in Lenny’s local paper detailing his financial woes:
http://www.venturacountystar.com/news/2009/apr/09/ex-ballplayers-home-in-default/
Calling people darkies, spearchuckers, and, bitches are NOT very good ways to win new friends and influence people, especially during a time when you need all the help that you can get! Why should they care or give a rotted rats arse that you are going broke?
Calling people darkies, spearchuckers, and, bitches are NOT very good ways to win new friends and influence people, especially during a time when you need all the help that you can get! Why should they care or give a rotted rats arse that you are going broke?
Calling people darkies, spearchuckers, and, bitches are NOT very good ways to win new friends and influence people, especially during a time when you need all the help that you can get! Why should they care or give a rotted rats arse that you are going broke?
Calling people darkies, spearchuckers, and, bitches are NOT very good ways to win new friends and influence people, especially during a time when you need all the help that you can get! Why should they care or give a rotted rats arse that you are going broke?
He should have sold his “framed spit collection” back when someone remembered who he was.
I live in Thousand Oaks, he bought this house from Gretzky. JC should help a brutha out.
@25 @26 et al
Calling someone an Idiot for posting the same message four times IS a very good idea
[...] if the allegations are true, it should be noted that they took place when he was going through a super tough time. His Gulfstream II had recently been [...]
Dkst9r Say, you got a nice blog. Want more.