Yesterday we discussed the matter of Jeffrey Gundlach, who is being sued by his former employer, TCW Group. The Los Angeles-based asset manager is claiming, among other things, that Gundlach and a bunch of ex-employees stole TWC proprietary information to be used in a new company launched last month, DoubleLine LLC. The other “things” being alleged are that on the day JG was fired, a search of his office turned up drugs, paraphernalia (“bearing evidence of recent use”), 12 sexual “devices,” 34 “hardcore pornographic magazines,” and 36 “hardcore sexually explicit DVDs and videocassettes.”
Now, on the one hand, maybe all of this is legit. Maybe Gundlach just loves his drugs and porn, and needed them close to him at all hours of the day. On the other hand: the sheer volume of stuff just seems really suspect, and as though perhaps someone was maybe tasked with stashing some stuff around the office to make Gundlach look bad, except that whoever was put on the job failed to exercise a little restraint, making the whole thing slightly unbelievable.
Let’s just say Gundlach does feel the need to jerk it at the office, and, being blocked from XTube, has no other choice but to bring in his own materials. Fine. Would he seriously need thirty-six different DVDs??? One, okay. Two, fine. Everyone needs variety. THIRTY-SIX? To say nothing of him apparently having every single issue of Honcho? And twelve different devices? So, basically, what TCW is trying to tells us, is that either a) Gundlach essentially spent every single minute of the working day looking at porn, in a sex swing, with a ball gag in his mouth or b) he was operating a online wholesale sex shop distributor and kept the inventory at his office. And not that there’s anything wrong with either, but it just seems a bit suspect. And forces me to ask:
- 08 Jan 2010 at 12:57 PM
Did TCW Set Up Jeffrey Gundlach To Look Like A Sex-Crazed Maniac?
By Bess Levin — Advertisement —
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It was really just a joke gone terribly wrong. After the collie escaped we were forced to act like nothing had happened.
Wouldn't he have cleaned out his desk when he left? Seems logical that he would and why would he have left that stuff behind?
@3 that too
Yeah, yesterday I commented that it reminded me of Dan Aykroyd dressed as Santa planting pills in Eddie Murphy's desk.
Hard to believe that he'd have had that much stuff in his office, knowing he was at risk of being fired. People at his level aren't escorted directly out of the building; he would have gone to his office and cleared out. Sounds more like disgruntled colleague. I'm no fan of Gundlach and his ridiculous ego, but this seems far-fetched.
Then again, I never would have guessed Tiger Woods for texting his mistress on Thanksgiving while his family is sleeping upstairs, so grain of salt.
Wait, 12 sexual devices, what do you mean by twelve? I certainly recall leaving at least twice that.
JG
@2 another good point.
pot and porn are like peas and carrots
nbd
Did he have the box set of Touche Heaven???? – steve the limo driver
@2 SOP for firing people is to not let them clean out their desk. Box it up and ship it to them. Keeps them from taking and/or sabotaging anything
@4 given what he'd (allegedly, I suppose) done and was fired for, there's no way they'd give him any courtesies
36… in a row?
The Vizu vote result percentages eerily reflect the Dealbreaker male/female demographics.
"the sheer volume of stuff just seems really suspect"
Sounds like you're speaking from experience. But these things accumulate over time.
Sounds like they could make a financial thriller movie out of the sordid affair: "Chafe Manhattan".
I checked with the #2 oil traders across the trade floor and a quick survey showed 2 magazines, a DVD in a satchel and one polaroid pic.
We're out of danger.
Define "Hardcore"
If there were 36 "hardcore pornographic magazines" I'd be inclined to believe this is a plant.
You need to find the other two missing magazines before you can acquit.
Just sayin'
Considering the fact that all the so called items were bought using my corporate credit card, technically those are not my items, they are firm items and do not belong to me. Receipts were given to the accounting department and all expenses were approved and paid for. Therefore according to my attorneys these items can not be and shall not be labeled as belonging to me, if TCW does not immediately cease and desist these false allegations I will be forced to file a lawsuit against my former firm, a firm I truly enjoyed spending many, many of my waking hours at. As for those “DVD’s” found in a former desk which could have been used by me, the only one I have never heard of is that TS/TV gone wild, how that got there I can not recall but if I was pushed to recall the only person who could have planted that in that desk would be Jeffrey Epstein when he visited me a few months ago, in fact most of those items could have belonged to him. I don’t know… I am just saying…..
If the buttplug does not fit…you must aquit!
-Johnny Cockring
@13…very nice on the Clerks reference.
Props to BBF @20……well played!
~The Joke Briefer
Oh wait.. what did you say, Epstein is under house arrest?.. What he can't leave his place on Plam Beach, are you kidding me… What… really, he can't even leave the state of Florida? Ok… OK… you caught me, that one is mine, but the others aren't……I promise.
@2 They may have marched him out without letting him collect his things. They usually don't let you go back to your desk and box up your stuff and ship it to you for fear that you'll take info with you. Which it looks like he did.
And are you crazy Bess? "Two, fine." You seriously underestimate the amt of variety a man needs. I don't know what I would do if ZZ didn't allow multiple users to log in at the same time. Probably spend the $100 for the year.
Such a set up,
I smell something dirty in France.
The timeline is also very interesting. Seems suspect that TCW was able to negotiate and close a deal to procure a new management team on the same day they fired Mr. Gundlach. If they were preparing to fire JG and had a backup plan why then isn't it appropriate for JG to do the same?
I believe TCW didn't anticipate the financial fallout (loss) and is playing dirty…
@27-31 do you think it's a set up?
Quintuple posts. Is that a record here?
~Guinness Book of Records
Bess, you watch XTube?
Videocassetes? Did they find a 19" Zenith and an old Jensen VCR too?
@1…the collie thing is not, and will never be, funny. It's annoying. There's nothing worse than an unfunny idiot desperately trying to shoehorn his utterly unfunny joke into every situation possible, no matter how unrelated. Just stop, dude.
@36 – Bad day in Texas?
@36 settle down francis, collie guy is one of the good guys.
luke, we deant toch nooting in dat oficina. Evyting was juice too sticky.
Que Cochinos
officina cleaners Inc
@36 – You sound like an OK guy. Wanna go to a party later?
Tucker
Bess, you're depth of knowledge on the subject takes my breath away, even before I begin to rub…
@36. Take your infantile whining elsewhere, DUDE.
@36 = Dennis
@1 Was fucking hilarious. You should something know about art imitating life …
Bess, I agree with @41.
You're making me blush…
Who would have guessed you even knew those words?
Abba Zaba, you my only friend!
-J. Gundlach
I know the whole story.
I think Eddie Murphy is going to end up with the job.
But, hold on, that is a movie, I think Eddie Murphy is just an actor. I think BHO will be the new PM after correctly getting the bottom last year.
it's more than likely TCW's claim that Gundlach's office containted drug accessories and sex toys is true. it's likely he kept these things in his office because it's the one place his wife wouldn't find them. further, given the circumstances of his firing, he would be watched while clearing out his desk and then escorted out. TCW didn't plant anything to make him look bad – do you think an edict came down from the ceo to get someone in personnel to round a bunch of perverted shit and used drug paraphernalia? absurd. think about it. it was his stuff.
Who will EVER trust this egomaniacal deviant again? Not me. Not anyone with a fiduciary bone in their body. Poor sacks who decided to follow his fired ass out the door.
@2 They may have marched him out without letting him collect his things. They usually don’t let you go back to your desk and box up your stuff and ship it to you for fear that you’ll take info with you. Which it looks like he did.
And are you crazy Bess? “Two, fine.” You seriously underestimate the amt of variety a man needs. I don’t know what I would do if ZZ didn’t allow multiple users to log in at the same time. Probably spend the $100 for the year.
Such a set up,
I smell something dirty in France.
The timeline is also very interesting. Seems suspect that TCW was able to negotiate and close a deal to procure a new management team on the same day they fired Mr. Gundlach. If they were preparing to fire JG and had a backup plan why then isn’t it appropriate for JG to do the same?
I believe TCW didn’t anticipate the financial fallout (loss) and is playing dirty…
Such a set up,
I smell something dirty in France.
The timeline is also very interesting. Seems suspect that TCW was able to negotiate and close a deal to procure a new management team on the same day they fired Mr. Gundlach. If they were preparing to fire JG and had a backup plan why then isn’t it appropriate for JG to do the same?
I believe TCW didn’t anticipate the financial fallout (loss) and is playing dirty…
Such a set up,
I smell something dirty in France.
The timeline is also very interesting. Seems suspect that TCW was able to negotiate and close a deal to procure a new management team on the same day they fired Mr. Gundlach. If they were preparing to fire JG and had a backup plan why then isn’t it appropriate for JG to do the same?
I believe TCW didn’t anticipate the financial fallout (loss) and is playing dirty…
Such a set up,
I smell something dirty in France.
The timeline is also very interesting. Seems suspect that TCW was able to negotiate and close a deal to procure a new management team on the same day they fired Mr. Gundlach. If they were preparing to fire JG and had a backup plan why then isn’t it appropriate for JG to do the same?
I believe TCW didn’t anticipate the financial fallout (loss) and is playing dirty…
This story "might" have been believable had they mentioned a giant stash of viagra was found as well, I mean come on people. If he had an inkling that he may be let go don't you think he would have gotten rid of anything and everything inappropriate?
He would have to be the first man on the planet to be the best of the best in the financial world AND a drug and sex addict…lordy
@47 – you're probably spot-on about hiding things in one's office. My intuition is that the hammer fell on him before he could get rid of the stuff on his own. IF the theft-of-trade-secret allegations are what they purport to be, there wouldn't have been much need to plant stuff, and LOTS of down-side exposure.
@27-31 – You can plot your departure, but on your own time and nickel. And you can't steal your company's trade secrets (including client lists, proprietary information management systems, etc.). Meanwhile, while you're employed there as sr. management, you indisputably owe your company fiduciary duties, even if they're about to shit-can your ass.
Still think the inclusion of the sex/drugs stuff was the only poor move in the Quinn Emanuel complaint… Should have just alluded to it & let him stew about how it MIGHT come out in greater detail…
My take is that Gundlach was hubristic enough to think that he could get away with what he was planning. It don't work like that, son.
-ET!
@ 48: "Poor sacks who decided to follow his fired ass out the door."
Truer words have never been spoken.
– ET!
Perhaps the collection of 12 sexual devices truly was a collection of one type of device (different size and widths say of the same insertable oblject) or perhaps it was simply this. . . a multiple purpose sexual device with disposable condom usage (thank you Kim H. Sook)
http://www.freepatentsonline.com/5331974.pdf
This story “might” have been believable had they mentioned a giant stash of viagra was found as well, I mean come on people. If he had an inkling that he may be let go don’t you think he would have gotten rid of anything and everything inappropriate?
He would have to be the first man on the planet to be the best of the best in the financial world AND a drug and sex addict…lordy
Isn't this TCW office in the People's Republic of California, where anyone with the slightest complaint can get a doctor's "recommendation" for medicinal-use marijuana? The stuff is more or less legal there, and every time I visit California — especially the San Francisco Bay Area, but also Los Angeles — I am flabbergasted at the casual drug culture there. Seems like everyone in the professional world is either stoned or talking about the last time they got stones, or planning on getting stoned. I'd bet this guy's pot is on some kind of prescription.
This shouldn't have come as such a surprise. The first clue should have been his "Me So Horny" ringtone.