On the acquisition of Dexter Shoe:“A line from Bobby Bare’s country song explains what too often happens with acquisitions: ‘I’ve never gone to bed with an ugly woman, but I’ve sure woke up with a few.'”
On Bear Stearns:Mr. Buffett received a call at 4:30 p.m. that Saturday from a private investment firm trying to assemble a group to buy the embattled financial giant. “I’m calling about Bear Stearns,'” the private investor began, according to Mr. Buffett. “Should I go on?'” Mr. Buffett recalls thinking: “It’s like a woman taking off half her clothes and asking, ‘Should I continue?’ Even if you’re a 90-year-old eunuch, you let ‘em finish.” Mr. Buffett says he passed on the proposed deal. Bear Stearns was bought by J.P. Morgan Chase & Co. the following day.Read more »
Recently, a reporter for the Observer went to a few bars and attended what can be called parties under the loosest definition of the term ‘party’ (“A girl sitting next to a Harvard M.B.A. student looked through a coffee table book of Todd Selby’s photography. There was a conversation going on about Twitter.”). No one had sex in front of him and so he has naturally decided that twenty-something professionals in New York are no longer interested in fornicating. A bunch of sources interviewed for the story who are not having sex, they say by choice, cite several factors for the ‘careerists,’ male and female, no longer caring about getting laid. Read more »
Or so she claims in the upcoming issue of Playboy (“I love sex and I’m very good at it, but I’m saving that. That’s for my future boyfriend from now on. And it will be fabulous”). If only someone could verify that claim! Also, the writer on the story says Dupré looks like “a toffee treat waiting to be unwrapped and savored,” so…yeah.
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:
We all know that disgraced former New York governor Eliot Spitzer is trying to start a real estate vulture fund while hoping to avoid jail. But what’s his former prostitute, Ashley Dupre, doing these days?
She’s working on a reality show, of course. Her show is reportedly going to modeled after VH-1’s “A Shot Of Love,” which features a woman named Tila Tequila who can’t decide whether she wants to fall for oafish men or demented women. Durpe’s show will presumably be about a hooker with a heart of gold who just wants to be loved. And everyone knows the best way to find love is to look for it on television.
Ashley Dupré: Girl Gone Hollywood? [E!]
Ashley Alexandra Dupré’s Humanity-Crushing Reality Show [Gawker]
What is it that convicted sex-criminal Jeffrey Epstein does? We mean apart from pay very young women for sexually charged massages? What is it he does for his clients? The New York Times sent business reporter Landon Thomas all the way to Epstein’s estate in St. Thomas to find out. (Tough assignment, that.) But Thomas came up with only vague hints.