Nov 11, 2009, 10:34am
Nov 10, 2009, 8:45am
"I filed for Chapter Eleven. That's reorganization. That's not bankruptcy." Do you see the distinction? Also, Nails tells CNBC's Jane Wells, "I'm still making money in the stock market."
Earlier: Is Jim Cramer Trying To Keep Lenny Dykstra's Bankrupcty Hush-Hush?
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Posted by NakedShort , Jul 09, 2009 2:00PM
Look Jane I bought AIG at $1.18 and now its worth $10.50....SUCK IT!
-LD
Posted by guest , Jul 09, 2009 2:00PM
"Bankruptcy is not a sign of weakness. It is a sign of strength!"
-BHO
Posted by guest , Jul 09, 2009 2:01PM
Listen to the interview. He promised to pay off all his debtors. Good hitter, though.
Posted by guest , Jul 09, 2009 2:01PM
The more publicity for Dysktra the better for everyone else. I hope everyone realizes how toxic he is and nobody gets suckered into giving him money in the future.
Delusional, an out of control ego , and now broke. The only value he can provide is allowing us to watch a trainwreck in progress.
Posted by merkin capital partners , Jul 09, 2009 2:03PM
"There are a lot of Benjamins to be made right now with the biotech stuff … you know, I don’t have to tell you that … how’s your portfolio?"
LD
Posted by guest , Jul 09, 2009 2:05PM
wait, ppl gave him money to manage?
Posted by guest , Jul 09, 2009 2:07PM
Idiot of the year...LD!
Posted by guest , Jul 09, 2009 2:09PM
"I would have never known how wonderful it is to fly a private jet if I hadn't tried it out. That's what I want you to do." - Lenny D.
Posted by guest , Jul 09, 2009 2:09PM
Saw Nails take a line drive to the temple and shake it off like nuthin'. That man knows exactly what he's doin'. Genius.
Posted by guest , Jul 09, 2009 2:10PM
Life without IBankers.
discuss
http://news.bbc.co.uk/2/hi/uk_news/magazine/8142104.stm
Posted by guest , Jul 09, 2009 2:10PM
All of Lenny's idiocy is taking the spotlight away from Greg.
Posted by guest , Jul 09, 2009 2:11PM
I hear he has a very small penis.
JC
Posted by guest , Jul 09, 2009 2:11PM
Can we get a traffic report from the LIE?
Posted by guest , Jul 09, 2009 2:14PM
"Im long a bunch of Bear and Lehman stock, what you think those guys are going anywhere?? Yeah, like there wont be anymore Merrill either. Whos the idiot now huh?"
Lenny D
Posted by guest , Jul 09, 2009 2:15PM
I'm opening a new line of car washes. stop on by.
-LD
Posted by guest , Jul 09, 2009 2:15PM
Nails has a point. Texaco went bankrupt too.
Posted by guest , Jul 09, 2009 2:16PM
Does anyone want some BSC or LEH stock certificates?
LD
Posted by EvilBuzzard , Jul 09, 2009 2:17PM
At least he struck out swinging.
Posted by guest , Jul 09, 2009 2:19PM
I like how on the filing he claims less than $50k of assets, yet he says he's still making money. I guess he not smart enough to know that if he is trying to hide assets he might want to keep his mouth shut.
Posted by guest , Jul 09, 2009 2:22PM
Anybody want to meet up for some sex in Dewey Beach this weekend?
Plopper Stansburpy
Posted by guest , Jul 09, 2009 2:27PM
@9 Nailed it!
Posted by guest , Jul 09, 2009 2:30PM
...in other news, the Pope announced today he was joining the Church of England.
-Irish Guy
Posted by guest , Jul 09, 2009 2:32PM
Plopper Stansburpy - Yes, I would, but only if you shove up my backside.
LD
Posted by guest , Jul 09, 2009 2:42PM
I'm not fat...I am just big boned
Posted by guest , Jul 09, 2009 2:44PM
Did Erin just promise her firstborn to the media CEO who gives her a bona fide green shoot?
Posted by guest , Jul 09, 2009 2:47PM
Lenny will be converting his 11 to a 7 in all probability.
Posted by guest , Jul 09, 2009 2:52PM
@25 -- she did; I will be volunteering to make sure she has the collateral for that discussion.
Posted by guest , Jul 09, 2009 2:55PM
"I did not have sexual relations with that woman."
-B. Clinton
Posted by guest , Jul 09, 2009 2:55PM
Dear Lenny "Nails Barn Yard Animals" Dykstra,
$50k in assets against $10 million to $50 million in liabilities is what we call in the finance world, overleveraged. In this world, when the bank calls in margin, the fund generally gets liquidated.
In other words, your life is about to become very, very painful. Perhaps it is time to call that number for the truck driving school?
Posted by 1212Madoff , Jul 09, 2009 2:57PM
http://www.youtube.com/watch?v=2aIM4idaqRw&feature=related
Lenny took my leftovers.
BernieM
Posted by guest , Jul 09, 2009 3:00PM
from moneyball:
“Billy [Beane] remembers sitting with Lenny in a Mets dugout watching the opposing pitcher warm up. ‘Lenny says, “So who’s that big dumb ass out there on the hill?” And I say, “Lenny, you’re kidding me, right? That’s Steve Carlton. He’s maybe the greatest left-hander in the history of the game.” Lenny says, “Oh, yeah! I knew that!” He sits there for a minute and says, “So, what’s he got?” And I say, “Lenny, come on. Steve Carlton. He’s got heat and also maybe the nastiest slider ever.” And Lenny sits there for a while longer as if he’s taking that in. Finally he just says, “Shit, I’ll stick him.” I’m sitting there thinking, that’s a magazine cover out there on the hill and all Lenny can think is that he’ll stick him.’”
Posted by guest , Jul 09, 2009 3:24PM
@31 - If Dykstra had said that in 1972, then I would agree that he certainly was a dumba$$. But he probably made the statement ~1985/1986 when Carlton was being put out to pasture. So Dykstra = cocky rookie.
Posted by guest , Jul 09, 2009 3:36PM
First sentence of the Wikipedia entry for Chapter 11:
"Chapter 11 is a chapter of the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States."
Also, What #26 Said.
Posted by guest , Jul 09, 2009 3:36PM
http://www.philly.com/philly/blogs/inq-phillydeals/Dykstras_letter_to_fans_.html
Check out the article in the link above. It's a great read, including such Dykstra gems as:
"Two of our greatest presidents, Thomas Jefferson (filed several times) and Abraham Lincoln, were able to restructure their lives through bankruptcy and went on to do great things such as helping to establish the University of Virginia and abolishing slavery."
Posted by guest , Jul 09, 2009 3:51PM
@1 - vn!
Posted by guest , Jul 09, 2009 3:51PM
@34 - thanks for sharing. Bess, you should put this up on the front page as well.
I'm thinking, with Lenny's bankruptcy, foreclosure and divorce he is sounding a lot like the male version of Ruth Madoff. Perhaps those two should bunk together to save money on rent?
Posted by guest , Jul 09, 2009 4:39PM
sorry Nails, chapter 11 is still bankruptcy.
too bad JC isnt still around to adjudicate this question
Posted by guest , Jul 09, 2009 5:27PM
@32, that's a great quote. Steve Carlton, maybe one of the top three post war pitchers (with Seaver and Clemens being the other two) and Nails has never heard of him.
I don't care if it's 1986; that's like someone playing in 1998 not knowing who Nolan Ryan is.
Posted by guest , Jul 09, 2009 10:42PM
I didn't file for bankruptcy, I only filed for bankruptcy...
-LD
I might have Alzheimer's but at least I don't have Alzheimer's....
-LD
Posted by guest , Jul 13, 2009 8:37PM
Only $10K in assets? Me thinks dat Lenny is not counting all the cash he stashed offshore immediately prior to filing Chap 11.
Lenny is his own worst enemy.