Thousands of adult novelty items, from lingerie to handcuffs, are for sale in an online auction as a result of a failure of a chain of erotic stores to pay state sales, income and withholding taxes. The items – all new and in the original packaging – will be available for inspection Monday at a warehouse in Kansas City’s West Bottoms historic district. The merchandise was seized in July by the Department of Revenue from five adult stores in Kansas City, Kan.; Topeka; Wichita and Junction City. The owner, United Outlets LLC, doing business as Bang, owes the state $163,986. Kansas Senate Democratic Leader Anthony Hensley pounced on the news of the auction Wednesday, accusing Republican Gov. Sam Brownback of selling pornography to balance the state budget. “Brownback is so desperate to fill the massive hole in the state budget caused by his reckless income tax cuts that the state of Kansas is now in the porn business,” Hensley said in a news release. [Kansas via BI, earlier]
They’re willing to entertain an offer. Read more »
Will Scotts Largest Shareholders Increase Their Stakes After Hearing CEO’s Plan To Boost Sales With Weed?By Bess Levin
If I’m a decision-maker at Earnest Partners, BlackRock, Vanguard, Fisher Asset Management, and Citadel, I’m thinking this…this, uh….wait I lost it…wait, no I got it– is genius.
In an unlikely move for the head of a major company, Scotts Chief Executive Jim Hagedorn said he is exploring targeting medical marijuana as well as other niches to help boost sales at his lawn and garden company. “I want to target the pot market,” Mr. Hagedorn said in an interview. “There’s no good reason we haven’t.”
He’s got numbers to back this up. Read more »
Gang, something serious has come up and we need to nip it in the bud before it goes any further. As you may have heard, bonuses at hedge funds, private equity firms, and so forth are expected to be up this year, which is wonderful news. As you may have also heard, bonuses at big banks are expected to fall anywhere from ten to forty percent, which is less great news. Especially when it means witnessing scenes like the following.
This holiday season, many Wall Streeters are flying commercial, according to jet brokers. Those who are still flying private are jet-pooling with strangers to cut costs. Some are even skipping the catered in-flight meals, which can cost $1,000 or more for four people. “They’re telling me, ‘We’ll just bring our own lunch,’ ” said Ricky Sitomer, chief executive of Blue Star Jets, a private-jet charter company. “They still want to travel in luxury, but they want the best value they can get.”
And it gets worse. Brown-bagging is just the beginning Read more »
“Today at Vikram’s Bizarre & Chotchke Emporium (aka the cafeteria): Tube socks & beach towels are for sale. FML.”
From: [redacted at Citi]
Subject: Today’s the day I might have to kill myself
I shit you not, Linens ‘N Things is having a sale in the building cafeteria. What the fuck has my life and career come to?!?