• 17 Apr 2009 at 1:05 PM

When An (Alleged) Kickback Is Obviously An (Alleged) Kickback

By Bess Levin

66-Chooch.jpgWhat would a movie produced by New York’s Deputy Comptroller and his siblings look like? This trailer from the wry folks over at Cityfile should give you a hint. Think the shockingly bad Harold & Kumar Escape from Guantanamo Bay but with a lower budget and sung in an accent from Queens. No, we aren’t kidding. In other words, so eye wateringly bad, so indescribably abysmal that one could not possibly imagine $88,000 changing hands for its distribution rights but for the fact that this same $88,000 from an affiliate of Quadrangle was a kickback for something else.
What does this mean for Riverstone Holdings that supposedly invested $100,000 in the same film? We suppose it would imply not only that the deal was crooked, but that Riverstone’s kickback DCF valuation team scooped up their MBAs from the University of Phoenix.
We are thinking that as soon as the prosecutor wheels in the DVD Player the scratching of pens drafting plea allocutions will be loudly heard.
Rattner Involved In Inquity On Fees [The Wall Street Journal]

Comments (19)

  1. 1
    Posted by guest | April 17, 2009 at 1:10 PM

    this looks like the cover of a porn movie based on “Gus”

  2. 2
    Posted by NAS Keflavik boi | April 17, 2009 at 1:13 PM

    Wow I haven’t heard the word “chooch” since my pizzeria days…

  3. 3
    Posted by BillyRayValentine | April 17, 2009 at 1:19 PM

    Rattner was in Detroit saying:
    http://www.youtube.com/watch?v=jGQ-ISsDm8M

  4. 4
    Posted by guest | April 17, 2009 at 1:23 PM

    Is it still corruption when everyone is doing it?

  5. 5
    Posted by guest | April 17, 2009 at 1:23 PM

    But did he pay his taxes?

  6. 6
    Posted by guest | April 17, 2009 at 1:31 PM

    I am now dumber for having watched that.

  7. 7
    Posted by guest | April 17, 2009 at 1:35 PM

    I’m the President. What’s a scandal-free appointment?

  8. 8
    Posted by guest | April 17, 2009 at 1:42 PM

    “I didn’t tell you about my herpes because it’s not a problem at the moment”
    -Aldous Snow

  9. 9
    Posted by guest | April 17, 2009 at 1:58 PM

    #3 FTW!!!!!!!!!!

  10. 10
    Posted by guest | April 17, 2009 at 2:01 PM

    #3 FTW

  11. 11
    Posted by guest | April 17, 2009 at 2:10 PM

    The only way that film would be worse is if Ben Affleck was in it.
    I bet Rangle has a credit in there

  12. 12
    Posted by guest | April 17, 2009 at 2:14 PM

    @ 9/10
    actually, its @8 FTW. and if he’s the MoneygripWisdom/BeckyBootFan guy, he should KUTGW

  13. 13
    Posted by guest | April 17, 2009 at 4:09 PM

    Dealbreaker movie night?

  14. 14
    Posted by guest | April 17, 2009 at 9:35 PM

    Based upon the poster, there has to be a donkey punch somewhere in the movie.
    - Fixed Income

  15. 15
    Posted by guest | April 19, 2009 at 2:30 PM

    You say University of Phoenix as if its graduates were responsible for the credit market implosion, failure of Lehman and housing meltdown………….in comparison, the decision to only spend 88K on this “work of art” actually looks like a reasonable decision…..

  16. 16
    Posted by guest | April 22, 2009 at 2:25 PM

    15 = dean at U of Phoenix.

  17. 17
    Posted by Janae | December 13, 2011 at 6:14 AM

    Good to see real expertise on display. Your contirbtuion is most welcome.

  18. 18
    Posted by omcqkuvhrlw | December 13, 2011 at 2:39 PM

    cNG91q gvgmssiubtbt

  19. 19
    Posted by kfrzhola | December 15, 2011 at 5:25 AM

    UY72aQ ijzzocpdmqvf

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