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Due Diligence=Lap Dances

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How come due diligence trips were never like this when we were in finance?

Rick's Cabaret International Inc., which in 1995 became the first "gentleman's club" to go public, this week wooed investment bankers and analysts with free admission and reduced drinks at its second quarterly "Due Diligence Ball."
Inviting guests to check out the swanky Manhattan club, Rick's chief executive officer Eric Langan gushed about the delicacies offered, from live lobsters in the restaurant to exotic pole dancers by the neon bar.
Regulators "can tell analysts not to go to strip clubs, but they'll never tell them not to do due diligence," Mr. Langan told Reuters at the club's VIP lounge overlooking a stage, where dancer after dancer paraded their wares.

Public 'gentleman's club' Rick's brushes off Wall Street chill [Globe and Mail]


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