http://sports.espn.go.com/mlb/news/story?id=4084962
You know you've encountered good writing when the lede just describes the photo directly above it...
QuoteCAMARILLO, Calif. -- He's slumped behind a desk, looking frumpy in a sweater vest and tan cap.
Enticing!
"If I can cut somebody from the neck all the way down to the pubis with a scalpel, then I cannot be intimidated."
—Dr. Festus Dada, M.D.
I've always hated that fat fucking toad Dykstra. I've been seeing articles on he and his stupid fucking business for the last couple of years, and I hope to god he ends up broke in the fucking gutter, too poor to purchase the firearm that he requires to put himself out of his misery.
Festus Dada is an awesome fucking name.
DOCTOR Festus Dada is seven kinds of awesome.
Quote from: CT III on April 22, 2009, 09:58:09 PM
I've always hated that fat fucking toad Dykstra. I've been seeing articles on he and his stupid fucking business for the last couple of years, and I hope to god he ends up broke in the fucking gutter, too poor to purchase the firearm that he requires to put himself out of his misery.
Since it appears that he's running a Ponzi scheme, maybe he can share a cell with Bernie Madoff instead. And he's a Mets fan, natch.
Everytime I read Dykstra's name here I can't help but think of Tonker's excellent story. (http://www.desipio.com/messageboard/index.php?topic=1917.msg25245#msg25245)
Lenny gave me great advice one time. He said I should never use Skoal and take up Kodiak. It was great advice. Of course, I was 7 when he told me.
Quote from: thehawk on April 23, 2009, 09:26:23 AM
Quote from: CT III on April 22, 2009, 09:58:09 PM
I've always hated that fat fucking toad Dykstra. I've been seeing articles on he and his stupid fucking business for the last couple of years, and I hope to god he ends up broke in the fucking gutter, too poor to purchase the firearm that he requires to put himself out of his misery.
Since it appears that he's running a Ponzi scheme, maybe he can share a cell with Bernie Madoff instead. And he's a Mets fan, natch.
Ponzi schemes tend to be more organized than this.
I'm not sure what Dykstra's got going even qualifies as a "scheme."
Quote from: Tank on April 23, 2009, 10:03:26 AM
Quote from: thehawk on April 23, 2009, 09:26:23 AM
Quote from: CT III on April 22, 2009, 09:58:09 PM
I've always hated that fat fucking toad Dykstra. I've been seeing articles on he and his stupid fucking business for the last couple of years, and I hope to god he ends up broke in the fucking gutter, too poor to purchase the firearm that he requires to put himself out of his misery.
Since it appears that he's running a Ponzi scheme, maybe he can share a cell with Bernie Madoff instead. And he's a Mets fan, natch.
Ponzi schemes tend to be more organized than this.
I'm not sure what Dykstra's got going even qualifies as a "scheme."
Maybe in the "hairbrained" or "screwball" sense. Like Lucy trying to get into Ricky's show.
"Lenny, you got some 'splainin' to do"
Quote from: Tank on April 23, 2009, 10:03:26 AM
Quote from: thehawk on April 23, 2009, 09:26:23 AM
Quote from: CT III on April 22, 2009, 09:58:09 PM
I've always hated that fat fucking toad Dykstra. I've been seeing articles on he and his stupid fucking business for the last couple of years, and I hope to god he ends up broke in the fucking gutter, too poor to purchase the firearm that he requires to put himself out of his misery.
Since it appears that he's running a Ponzi scheme, maybe he can share a cell with Bernie Madoff instead. And he's a Mets fan, natch.
Ponzi schemes tend to be more organized than this.
I'm not sure what Dykstra's got going even qualifies as a "scheme."
Lenny's scheme seems a bit more straight forward.
Step 1: Agree to a contract with someone in which you will pay them a set amount of money to do certain work.
Step 2: Either stop paying that person mid-project or refuse to pay them at the end.
Step 3: When said person complains, declare that the work they did is in no way worth what you agreed to pay them for it, which is tantamount to theft.
Step 4: Continue to refer to yourself as "Nails" despite the fact that you spent half your fucking career on the DL.
Quote from: CT III on April 23, 2009, 10:31:37 AM
Quote from: Tank on April 23, 2009, 10:03:26 AM
Quote from: thehawk on April 23, 2009, 09:26:23 AM
Quote from: CT III on April 22, 2009, 09:58:09 PM
I've always hated that fat fucking toad Dykstra. I've been seeing articles on he and his stupid fucking business for the last couple of years, and I hope to god he ends up broke in the fucking gutter, too poor to purchase the firearm that he requires to put himself out of his misery.
Since it appears that he's running a Ponzi scheme, maybe he can share a cell with Bernie Madoff instead. And he's a Mets fan, natch.
Ponzi schemes tend to be more organized than this.
I'm not sure what Dykstra's got going even qualifies as a "scheme."
Lenny's scheme seems a bit more straight forward.
Step 1: Agree to a contract with someone in which you will pay them a set amount of money to do certain work.
Step 2: Either stop paying that person mid-project or refuse to pay them at the end.
Step 3: When said person complains, declare that the work they did is in no way worth what you agreed to pay them for it, which is tantamount to theft.
Step 4: Continue to refer to yourself as "Nails" despite the fact that you spent half your fucking career on the DL.
Lenny's got a little H.H. Holmes in him.
Quote from: CT III on April 23, 2009, 10:31:37 AM
Step 4: Continue to refer to yourself as "Nails" despite the fact that you spent half your fucking career on the DL.
Steroids are hard on the body.
I like that the two most famous people to endorse him are Jim Cramer and George W. Bush.
No way that goes wrong...
Now that I think about it, its less of a Ponzi scheme, but one of the things Dykstra did was provide some notes for money due to him (which he had already forgiven as part of a prior 'deal gone bad') as supposed collateral for a future loan, which is a bad bad thing.
Also still have to respect the fact he robbed a Nigerian. He's helping to rebalance the balance of fraud.
QuoteHis life in high finance includes street cred, too, at least for now. CNBC personality Jim "Mad Money" Cramer hypes him as a stock guru.
That's like the financial kiss of death.
Even AIG wanted nothing to do with him.
Holy shit, Lenny is like a horrific douchemutant that combines every genre of douche imaginable. My favorite quote so far:
QuoteAsked if the ambitious design to provide a handful of specialty services for pro athletes is in place, Dykstra says confidently, "Have I got a 12-inch c---, or what? Of course, it is all in place. It might not look like it, but everything I do is part of a plan."
Quote from: RV on April 23, 2009, 11:04:08 AM
Holy shit, Lenny is like a horrific douchemutant that combines every genre of douche imaginable. My favorite quote so far:
QuoteAsked if the ambitious design to provide a handful of specialty services for pro athletes is in place, Dykstra says confidently, "Have I got a 12-inch c---, or what? Of course, it is all in place. It might not look like it, but everything I do is part of a plan."
My favorite part (again, so far) was how he tried to sneak in a contract clause that allowed Pete Incaviglia to manage a car wash.
Quote from: thehawk on April 23, 2009, 10:51:46 AM
Now that I think about it, its less of a Ponzi scheme, but one of the things Dykstra did was provide some notes for money due to him (which he had already forgiven as part of a prior 'deal gone bad') as supposed collateral for a future loan, which is a bad bad thing.
Also still have to respect the fact he robbed a Nigerian. He's helping to rebalance the balance of fraud.
That's what the 419 Eaters (http://www.419eater.com/) are for.
Quote from: Eli on April 23, 2009, 11:07:15 AM
Quote from: RV on April 23, 2009, 11:04:08 AM
Holy shit, Lenny is like a horrific douchemutant that combines every genre of douche imaginable. My favorite quote so far:
QuoteAsked if the ambitious design to provide a handful of specialty services for pro athletes is in place, Dykstra says confidently, "Have I got a 12-inch c---, or what? Of course, it is all in place. It might not look like it, but everything I do is part of a plan."
My favorite part (again, so far) was how he tried to sneak in a contract clause that allowed Pete Incaviglia to manage a car wash.
Poor Inky. You just know when they finally catch up with Dykstra and he's dead broke, Lenny's going to want to crash on Pete's couch.
"I was gonna make you a manager, man!"
Quote from: CT III on April 23, 2009, 11:09:23 AM
Quote from: Eli on April 23, 2009, 11:07:15 AM
Quote from: RV on April 23, 2009, 11:04:08 AM
Holy shit, Lenny is like a horrific douchemutant that combines every genre of douche imaginable. My favorite quote so far:
QuoteAsked if the ambitious design to provide a handful of specialty services for pro athletes is in place, Dykstra says confidently, "Have I got a 12-inch c---, or what? Of course, it is all in place. It might not look like it, but everything I do is part of a plan."
My favorite part (again, so far) was how he tried to sneak in a contract clause that allowed Pete Incaviglia to manage a car wash.
Poor Inky. You just know when they finally catch up with Dykstra and he's dead broke, Lenny's going to want to crash on Pete's couch.
"I was gonna make you a manager, man!"
Lenny probably bought Pete his million dollar house in the first place, bro.
Lesson learned here, thank the big guy you aren't a professional athlete. People always looking to take advantage of them, even family.
More Lenny:
QuoteI say I'm looking for a leadership position at a growing publication and that The Players Club seems like the perfect fit. Lenny responds by showing me his watch.
"I don't wear jewelry, except for this," he says. "It's the best in the world—costs sixty-five grand."
http://men.style.com/gq/features/landing?id=content_8558 (http://men.style.com/gq/features/landing?id=content_8558)
The thing I remember most fondly about Lenny was that, at least once a season, he'd go back to the wall at Wrigley and somebody would dump a beer on him.
Lenny Dykstra is shady? You don't say.
I fondly remember Lenny routinely charging in on basehits up the middle and attempting to throw runners out at home, only to throw the ball 100mph into the ground about 6 feet in front of him.
Quote from: Andre Dawson's Creek on April 23, 2009, 02:22:59 PM
Lenny Dykstra is shady? You don't say.
I fondly remember Lenny routinely charging in on basehits up the middle and attempting to throw runners out at home, only to throw the ball 100mph into the ground about 6 feet in front of him.
So that's where Jock learned it.
Quote from: RV on April 23, 2009, 02:06:59 PM
More Lenny:
QuoteI say I'm looking for a leadership position at a growing publication and that The Players Club seems like the perfect fit. Lenny responds by showing me his watch.
"I don't wear jewelry, except for this," he says. "It's the best in the world—costs sixty-five grand."
http://men.style.com/gq/features/landing?id=content_8558 (http://men.style.com/gq/features/landing?id=content_8558)
If it wasn't a beltwatch, it's not the best.
Quote from: RV on April 23, 2009, 02:06:59 PM
More Lenny:
QuoteI say I'm looking for a leadership position at a growing publication and that The Players Club seems like the perfect fit. Lenny responds by showing me his watch.
"I don't wear jewelry, except for this," he says. "It's the best in the world—costs sixty-five grand."
http://men.style.com/gq/features/landing?id=content_8558 (http://men.style.com/gq/features/landing?id=content_8558)
Nobody can call Lenny a racist. He put three darkies and a bitch on his first four covers.
Quote from: ~Apex on April 23, 2009, 08:13:05 PM
Quote from: RV on April 23, 2009, 02:06:59 PM
More Lenny:
QuoteI say I'm looking for a leadership position at a growing publication and that The Players Club seems like the perfect fit. Lenny responds by showing me his watch.
"I don't wear jewelry, except for this," he says. "It's the best in the world—costs sixty-five grand."
http://men.style.com/gq/features/landing?id=content_8558 (http://men.style.com/gq/features/landing?id=content_8558)
Nobody can call Lenny a racist. He put three spearchuckers darkies and a bitch on his first four covers.
Bro'd
More Lenny:
http://deadspin.com/5224796/the-myth-of-lenny-dykstra-completely-unravels (http://deadspin.com/5224796/the-myth-of-lenny-dykstra-completely-unravels)
Quote from: CT III on April 24, 2009, 09:40:53 AM
More Lenny:
http://deadspin.com/5224796/the-myth-of-lenny-dykstra-completely-unravels (http://deadspin.com/5224796/the-myth-of-lenny-dykstra-completely-unravels)
Intrepid reader: Will LeitchAnd with the unraveling of Lenny Dykstra's financial empire, we've all lost something more important than money.
We've lost a part of ourselves.
Quote from: Fork on April 24, 2009, 09:55:01 AM
Quote from: CT III on April 24, 2009, 09:40:53 AM
More Lenny:
http://deadspin.com/5224796/the-myth-of-lenny-dykstra-completely-unravels (http://deadspin.com/5224796/the-myth-of-lenny-dykstra-completely-unravels)
Intrepid reader: Will Leitch
And with the unraveling of Lenny Dykstra's financial empire, we've all lost something more important than money.
We've lost a part of ourselves.
I taught Jim Edmonds how to molest collies.
The 1986 Mets: whatever became of them? Lenny Dykstra might be the biggest trainwreck of all of them...
Wally Backman: serial wife batterer and felon.
Ray Knight: Baseball Tonight "analyst" and windbag.
Keith Hernandez: Former Preferred Customer of the Medellin cartel now sexist color commentator.
Dwight Gooden: Doctor K now learning what Three Strikes and You're Out really means.
Rick Aguilera: Whereabouts unknown after brief fling as Cubs closer.
Ron Darling: Drool wiper for Dick Stockton during 2007 and 2008 NLDS
Darryl Strawberry: Should have a clause in the Dead Pool named after him.
Kevin Mitchell: I have no idea, but probably up to no good.
Gary Carter: Has the distinction of being the only Hall of Fame plaque with an Expos logo.
Bobby Ojeda: Cut off fingers hedge clipping, got them reattached Koyie Hill-style, then became Tim Crews and Steve Olin's boating and beer buddies.
Roger McDowell: Atlanta Braves pitching coach and
Tim Teufel: I don't care. I hated that sonofabitch.
Jesse Orosco: Died around 1996, but nobody had the heart to tell him (or the franchises for whom he pitched)
Rafael Santana: Last seen as a competng in one of Aramis Ramirez's live sporting exhibitions in the DR.
Randy Myers: Condemned to Hell for not euthanizing John Murray in September 1995 when he had the opportunity.
Davey Johnson: Allows Japan to avenge World War II in WBC.
Quote from: Brownie on April 24, 2009, 11:12:54 AM
The 1986 Mets: whatever became of them? Lenny Dykstra might be the biggest trainwreck of all of them...
Wally Backman: serial wife batterer and felon.
Ray Knight: Baseball Tonight "analyst" and windbag.
Keith Hernandez: Former Preferred Customer of the Medellin cartel now sexist color commentator.
Dwight Gooden: Doctor K now learning what Three Strikes and You're Out really means.
Rick Aguilera: Whereabouts unknown after brief fling as Cubs closer.
Ron Darling: Drool wiper for Dick Stockton during 2007 and 2008 NLDS
Darryl Strawberry: Should have a clause in the Dead Pool named after him.
Kevin Mitchell: I have no idea, but probably up to no good. Currently plays in in the San Diego Adult Baseball League for the championship team, the San Diego Black Sox. Has no cats. (http://snopes.com/sports/baseball/mitchell.asp)
Gary Carter: Has the distinction of being the only Hall of Fame plaque with an Expos logo.
Bobby Ojeda: Cut off fingers hedge clipping, got them reattached Koyie Hill-style, then became Tim Crews and Steve Olin's boating and beer buddies.
Roger McDowell: Atlanta Braves pitching coach and
Tim Teufel: I don't care. I hated that sonofabitch.
Jesse Orosco: Died around 1996, but nobody had the heart to tell him (or the franchises for whom he pitched)
Rafael Santana: Last seen as a competng in one of Aramis Ramirez's live sporting exhibitions in the DR.
Randy Myers: Condemned to Hell for not euthanizing John Murray in September 1995 when he had the opportunity.
Davey Johnson: Allows Japan to avenge World War II in WBC.
Bump.
HBO feature suggests Dykstra's empire in trouble (http://www.philly.com/philly/sports/phillies/20090622_HBO_feature_suggests_Dykstra_s_empire_in_trouble.html)
Quote
In a provocative piece scheduled to air on the HBO program "Real Sports with Bryant Gumbel" tomorrow night (10 o'clock), correspondent Bernard Goldberg updates a segment that initially aired in March 2008 on Lenny Dykstra, the former Phillies star who has since become the target of some 20 lawsuits from his activities as a financial entrepreneur.
Excerpts from the interview:
Quote
DYKSTRA: Who? Tell me who I owe?
GOLDBERG: Let's go through a few people. The printers . . .
DYKSTRA: F--- the printers. The printers are criminals.
GOLDBERG: The flight attendant?
DYKSTRA: F--- the flight attendant . . . They all think they can come here and steal my money.
Even better:
QuoteGoldberg asked Dykstra what he would say to people "who think once upon a time you were flying high and now you're broke?"
Dykstra laughed and withdrew a wad of bills, which he began counting. Goldberg said, "OK, so you've got $75 in your pocket, that doesn't make you rich." To which Dykstra replied, "I never carry less than $1,000. But flying high? Looks like I'm still flying pretty f------ high. And by the way, I'm flying higher."
Soaring through the heavens on wings of fuckin' cheddar, brah.
Not flying quite as high any more - http://sports.espn.go.com/mlb/news/story?id=4313487 (http://sports.espn.go.com/mlb/news/story?id=4313487)
Quote from: MidgetSellingWater on July 08, 2009, 12:00:00 PM
Not flying quite as high any more - http://sports.espn.go.com/mlb/news/story?id=4313487 (http://sports.espn.go.com/mlb/news/story?id=4313487)
QuoteDykstra, 46, has no more than $50,000 in assets and between $10 million and $50 million in liabilities, according to a petition filed Tuesday with the U.S. Bankruptcy Court in the Central District of California.
That's got to be some sort of record for asset/liability ratio.
Quote from: MidgetSellingWater on July 08, 2009, 12:00:00 PM
Not flying quite as high any more - http://sports.espn.go.com/mlb/news/story?id=4313487 (http://sports.espn.go.com/mlb/news/story?id=4313487)
Hey lawyer-types...
This doesn't protect him from criminal prosecution, does it?
Quote from: Fork on July 08, 2009, 02:57:19 PM
Quote from: MidgetSellingWater on July 08, 2009, 12:00:00 PM
Not flying quite as high any more - http://sports.espn.go.com/mlb/news/story?id=4313487 (http://sports.espn.go.com/mlb/news/story?id=4313487)
Hey lawyer-types...
This doesn't protect him from criminal prosecution, does it?
Nope, but fraud is hard to prove.
Quote from: thehawk on July 08, 2009, 05:29:25 PM
Quote from: Fork on July 08, 2009, 02:57:19 PM
Quote from: MidgetSellingWater on July 08, 2009, 12:00:00 PM
Not flying quite as high any more - http://sports.espn.go.com/mlb/news/story?id=4313487 (http://sports.espn.go.com/mlb/news/story?id=4313487)
Hey lawyer-types...
This doesn't protect him from criminal prosecution, does it?
Nope, but fraud is hard to prove.
Agreed. The automatic stay of creditor action doesn't apply. Hate to make this work-ish, but we can initiate unfair labor practice proceedings against an Employer (or Union) in Chapter 11, but we could not initiate any sort of compliance proceedings in order to obtain backpay, etc.
Quote from: MAD on July 08, 2009, 12:28:15 PM
Quote from: MidgetSellingWater on July 08, 2009, 12:00:00 PM
Not flying quite as high any more - http://sports.espn.go.com/mlb/news/story?id=4313487 (http://sports.espn.go.com/mlb/news/story?id=4313487)
QuoteDykstra, 46, has no more than $50,000 in assets and between $10 million and $50 million in liabilities, according to a petition filed Tuesday with the U.S. Bankruptcy Court in the Central District of California.
That's got to be some sort of record for asset/liability ratio.
Between $10 million and $50 million in liabilities?
Nice tight bid / ask spread.
Quote from: flannj on July 08, 2009, 06:13:44 PM
Quote from: MAD on July 08, 2009, 12:28:15 PM
Quote from: MidgetSellingWater on July 08, 2009, 12:00:00 PM
Not flying quite as high any more - http://sports.espn.go.com/mlb/news/story?id=4313487 (http://sports.espn.go.com/mlb/news/story?id=4313487)
QuoteDykstra, 46, has no more than $50,000 in assets and between $10 million and $50 million in liabilities, according to a petition filed Tuesday with the U.S. Bankruptcy Court in the Central District of California.
That's got to be some sort of record for asset/liability ratio.
Between $10 million and $50 million in liabilities?
Nice tight bid / ask spread.
Its a check off box on the form you file with the Bankruptcy Court.
But you also have to file a list of your largest creditors:
(http://cache.gawker.com/assets/images/deadspin/2009/07/Picture_35.png)
(http://cache.gawker.com/assets/images/deadspin/2009/07/Picture_36.png)
Hard to believe he would slip through Washington Mutual's and Countrywides crack underwriting procedures. Also note that second item on the list. Que Gil? (I know your federal, but employee withholding related debts are sometimes not dischargeable in bankruptcy)
Quote from: thehawk on July 08, 2009, 07:33:53 PM
Quote from: flannj on July 08, 2009, 06:13:44 PM
Quote from: MAD on July 08, 2009, 12:28:15 PM
Quote from: MidgetSellingWater on July 08, 2009, 12:00:00 PM
Not flying quite as high any more - http://sports.espn.go.com/mlb/news/story?id=4313487 (http://sports.espn.go.com/mlb/news/story?id=4313487)
QuoteDykstra, 46, has no more than $50,000 in assets and between $10 million and $50 million in liabilities, according to a petition filed Tuesday with the U.S. Bankruptcy Court in the Central District of California.
That's got to be some sort of record for asset/liability ratio.
Between $10 million and $50 million in liabilities?
Nice tight bid / ask spread.
Its a check off box on the form you file with the Bankruptcy Court.
But you also have to file a list of your largest creditors:
(http://cache.gawker.com/assets/images/deadspin/2009/07/Picture_35.png)
(http://cache.gawker.com/assets/images/deadspin/2009/07/Picture_36.png)
Hard to believe he would slip through Washington Mutual's and Countrywides crack underwriting procedures. Also note that second item on the list. Que Gil? (I know your federal, but employee withholding related debts are sometimes not dischargeable in bankruptcy)
Indeed. In this particular case, wasn't he running some sort of chain of car washes, or something? I believe that there was one in Santa Monica, or somewhere.
We had a case against Mervyn's a large retail store a few months back that went into compliance for backpay right when they went under into bankruptcy. We had to send that case to Special Litigation, but it turns out that if a federal compliance or criminal action is ongoing before the bankruptcy filing, then said agency can still get the money on behalf of third-parties. If an action for backpay is initiated after a bankruptcy filing, then we are essentially powerless.
Quote from: Gil Gunderson on July 08, 2009, 08:00:46 PM
Quote from: thehawk on July 08, 2009, 07:33:53 PM
Quote from: flannj on July 08, 2009, 06:13:44 PM
Quote from: MAD on July 08, 2009, 12:28:15 PM
Quote from: MidgetSellingWater on July 08, 2009, 12:00:00 PM
Not flying quite as high any more - http://sports.espn.go.com/mlb/news/story?id=4313487 (http://sports.espn.go.com/mlb/news/story?id=4313487)
QuoteDykstra, 46, has no more than $50,000 in assets and between $10 million and $50 million in liabilities, according to a petition filed Tuesday with the U.S. Bankruptcy Court in the Central District of California.
That's got to be some sort of record for asset/liability ratio.
Between $10 million and $50 million in liabilities?
Nice tight bid / ask spread.
Its a check off box on the form you file with the Bankruptcy Court.
But you also have to file a list of your largest creditors:
(http://cache.gawker.com/assets/images/deadspin/2009/07/Picture_35.png)
(http://cache.gawker.com/assets/images/deadspin/2009/07/Picture_36.png)
Hard to believe he would slip through Washington Mutual's and Countrywides crack underwriting procedures. Also note that second item on the list. Que Gil? (I know your federal, but employee withholding related debts are sometimes not dischargeable in bankruptcy)
Indeed. In this particular case, wasn't he running some sort of chain of car washes, or something? I believe that there was one in Santa Monica, or somewhere.
We had a case against Mervyn's a large retail store a few months back that went into compliance for backpay right when they went under into bankruptcy. We had to send that case to Special Litigation, but it turns out that if a federal compliance or criminal action is ongoing before the bankruptcy filing, then said agency can still get the money on behalf of third-parties. If an action for backpay is initiated after a bankruptcy filing, then we are essentially powerless.
I realize I'm naive, but holy crap these numbers are just stunning.
Quote from: flannj on July 08, 2009, 10:09:07 PM
Quote from: Gil Gunderson on July 08, 2009, 08:00:46 PM
Quote from: thehawk on July 08, 2009, 07:33:53 PM
Quote from: flannj on July 08, 2009, 06:13:44 PM
Quote from: MAD on July 08, 2009, 12:28:15 PM
Quote from: MidgetSellingWater on July 08, 2009, 12:00:00 PM
Not flying quite as high any more - http://sports.espn.go.com/mlb/news/story?id=4313487 (http://sports.espn.go.com/mlb/news/story?id=4313487)
QuoteDykstra, 46, has no more than $50,000 in assets and between $10 million and $50 million in liabilities, according to a petition filed Tuesday with the U.S. Bankruptcy Court in the Central District of California.
That's got to be some sort of record for asset/liability ratio.
Between $10 million and $50 million in liabilities?
Nice tight bid / ask spread.
Its a check off box on the form you file with the Bankruptcy Court.
But you also have to file a list of your largest creditors:
(http://cache.gawker.com/assets/images/deadspin/2009/07/Picture_35.png)
(http://cache.gawker.com/assets/images/deadspin/2009/07/Picture_36.png)
Hard to believe he would slip through Washington Mutual's and Countrywides crack underwriting procedures. Also note that second item on the list. Que Gil? (I know your federal, but employee withholding related debts are sometimes not dischargeable in bankruptcy)
Indeed. In this particular case, wasn't he running some sort of chain of car washes, or something? I believe that there was one in Santa Monica, or somewhere.
We had a case against Mervyn's a large retail store a few months back that went into compliance for backpay right when they went under into bankruptcy. We had to send that case to Special Litigation, but it turns out that if a federal compliance or criminal action is ongoing before the bankruptcy filing, then said agency can still get the money on behalf of third-parties. If an action for backpay is initiated after a bankruptcy filing, then we are essentially powerless.
I realize I'm naive, but holy crap these numbers are just stunning.
Stunning-LY AWESOME?
(http://imgur.com/omGN9.jpg)
Quote from: ChuckD on July 08, 2009, 10:33:35 PM
Stunning-LY AWESOME?
(http://imgur.com/omGN9.jpg)
Um, yes?
Yes.
Yes.
Update: (http://www.cnbc.com/id/32540999/)
QuoteDykstra is demanding the insurance company make good on its policy to put him up in a temporary residence because he says the house is now unlivable. "I don't mean to be crude," he says, "but where do they expect me to (go to the bathroom)?" He claims he has been "living in his car," though last night he says he stayed in the lobby of a Westwood hotel.
Nothing wrong with living in a mobile cheddar storage unit.
I eagerly await the day when, instead of seeing that this thread is bumped, that I see Dykstra's name in the subject of a Dead Pool thread. At this point, anything short of him just offing himself no longer interests me.
Quote from: MAD on August 27, 2009, 12:30:49 PM
I eagerly await the day when, instead of seeing that this thread is bumped, that I see Dykstra's name in the subject of a Dead Pool thread. At this point, anything short of him just offing himself no longer interests me.
No one better for this offing than Ibanez, who's having a great year.
Bradley: 1. Ibanez: 1. Now who's the better choice? I'll hang up and wait for your response.
Bump (http://deadspin.com/5366516/nails-is-no-match-for-the-japanese-carl-monday?skyline=true&s=x).
Quote from: Fork on September 24, 2009, 08:15:44 AM
Bump (http://deadspin.com/5366516/nails-is-no-match-for-the-japanese-carl-monday?skyline=true&s=x).
QuoteSo, yeah, all that hoopla about Nails auctioning off his stuff? Guess no one wanted it, since it's at a pawn shop now.
Deadspin, missing the entire point?
Go figure...
http://www.cnbc.com/id/32843505
QuoteLenny Dykstra could use some cash right now, but an upcoming auction of his World Series trophy and ring will apparently not help him.
Instead, auction proceeds will go to the Beverly Hills pawn shop which claims Dykstra pawned the items but never reclaimed them.
The auction will be conducted October 1 and 2 through Heritage Auctions in Dallas.
Items include Dykstra's 1986 New York Mets World Series championship trophy and ring.
That's the real comedy of the situation.
There's also this:
QuoteMeantime, I've also received a copy of letter from attorneys representing the court-appointed trustee put in charge of managing Dykstra's Chapter 11 bankruptcy.
The letter says that security guards at Sherwood Country Club have been told not to let Dykstra, or anyone representing him, near the two estates he owns inside.
"It has come to our attention that the properties...are being vandalized," the letter says.
He's back.
http://www.nailsinvestments.com/
Quote from: BH on February 09, 2010, 04:25:52 PM
He's back.
http://www.nailsinvestments.com/
At least now we know what Morph has been up to...
Dykstra and Isaah Thomas need to go into business together.
Quote from: Canadouche on February 11, 2010, 12:47:05 PM
Dykstra and Isaah Thomas need to go into business together.
lol.
The price of awesomeness? $3200 (http://www.aolnews.com/weird-news/article/nails-for-sale-lenny-dykstra-hits-craigs-list/19476638).
Bump.
http://www.thedailybeast.com/blogs-and-stories/2010-06-28/jim-cramer-lenny-dykstra-stock-scandal-reports-the-zeroes/
How much longer will this go on before Dykstra eats one of those handguns that Oleg's so opposed to? Death Pool, anybody?
Quote from: Canadouche on June 28, 2010, 12:24:07 PM
How much longer will this go on before Dykstra eats one of those handguns that Oleg's so opposed to? Death Pool, anybody?
Probably more likely that he'll break into Oleg's house and Oleg will defend his shoebox of money with some laughs and a grilled cheese sandwich.
Quote from: BH on June 28, 2010, 12:27:16 PM
Quote from: Canadouche on June 28, 2010, 12:24:07 PM
How much longer will this go on before Dykstra eats one of those handguns that Oleg's so opposed to? Death Pool, anybody?
Probably more likely that he'll break into Oleg's house and Oleg will defend his shoebox of money with some laughs and a grilled cheese sandwich.
Note to self: Use different shoebox.
Update time! (http://www.latimes.com/business/la-fi-lenny-dykstra-20101006,0,5507474,full.story)
QuoteOne wall held a framed poster from Dykstra's days with the Philadelphia Phillies, his cheeks characteristically bulging with tobacco chaw. Against another wall leaned a Sotheby's real estate sign, sullied with specks of fresh dirt.
Dykstra, nicknamed " Nails" by baseball fans for his tough style of play, said he uprooted the for-sale sign from the front lawn of his Thousand Oaks mansion. It had been staked there at the direction of court officials overseeing his bankruptcy case. Then, Dykstra said, he changed the locks to the neo-Georgian home and threw a victory party there to celebrate what he saw as his reclamation of the $17.4-million showplace, bought from hockey star Wayne Gretzky in 2007, at the top of the housing bubble.
"If you [mess] with Nails," Dykstra said, nodding at the sign, knife still in hand, "you get the hammer."
And...another UPDATE. (http://proxy.espn.go.com/blog/new-york/mets/post/_/id/19505/report-dykstra-arrested)
Quote
Lenny Dykstra was arrested Thursday night at his Encino, Calif., home and charged by U.S. prosecutors with bankruptcy fraud. Here's the press release from authorities:
Dykstra was arrested last night by the Los Angeles Police Department and remains in LAPD custody on charges unrelated to the bankruptcy fraud case.
Lenny Kyle Dykstra, 48, who is currently residing in Encino, was named in a one-count criminal complaint filed Wednesday that accuses Dykstra of one count of embezzling from a bankruptcy estate.
How could this story get even better?
By having Charlie Sheen front the money to bail Nails out of jail. (http://sports.yahoo.com/mlb/blog/big_league_stew/post/Ricky-s-Bail-Bonds-Sheen-posts-22K-to-spring-D?urn=mlb-wp4523)
Quote from: PenPho on April 26, 2011, 01:10:37 PM
How could this story get even better?
By having Charlie Sheen front the money to bail Nails out of jail. (http://sports.yahoo.com/mlb/blog/big_league_stew/post/Ricky-s-Bail-Bonds-Sheen-posts-22K-to-spring-D?urn=mlb-wp4523)
That's four years of UofI journalism school there.
Here we go again. (http://www.reuters.com/article/2011/08/26/us-baseball-dykstra-idUSTRE77P09R20110826)
Now he's going to fight Jose Canseco. (http://hardballtalk.nbcsports.com/2011/11/02/len-dykstra-to-fight-jose-canseco-um-ok/)
Nails is a free agent in the California Penal League. (http://www.chicagotribune.com/sports/breaking/chi-dykstra-sentenced-to-prison-in-car-theft-case-20120305,0,4043130.story)
Bump for more '93 Phillies shenanigans.
Turns out, Rhode Island is in the Curt Schilling business, and business is not exactly booming.
http://bostonglobe.com/business/2012/05/18/facebook-curt-schilling-denies-paid-himself-back-with-money-thanks-supporters-ailing-studios-video-game-company/EnqdY2flmq0Bf55m4YvdRM/story.html
Maybe Inky can get him a couple of shifts at the wash.
Quote from: CT III on May 19, 2012, 10:15:20 AM
Bump for more '93 Phillies shenanigans.
Turns out, Rhode Island is in the Curt Schilling business, and business is not exactly booming.
http://bostonglobe.com/business/2012/05/18/facebook-curt-schilling-denies-paid-himself-back-with-money-thanks-supporters-ailing-studios-video-game-company/EnqdY2flmq0Bf55m4YvdRM/story.html
Maybe Inky can get him a couple of shifts at the wash.
Bumped again, because Schilling is apparently broke.
http://www.chicagotribune.com/sports/breaking/chi-exmlb-star-schilling-says-hes-tapped-out-baseball-fortune-gone-20120622,0,3669681.story
Quote from: CT III on June 22, 2012, 12:29:44 PM
Quote from: CT III on May 19, 2012, 10:15:20 AM
Bump for more '93 Phillies shenanigans.
Turns out, Rhode Island is in the Curt Schilling business, and business is not exactly booming.
http://bostonglobe.com/business/2012/05/18/facebook-curt-schilling-denies-paid-himself-back-with-money-thanks-supporters-ailing-studios-video-game-company/EnqdY2flmq0Bf55m4YvdRM/story.html
Maybe Inky can get him a couple of shifts at the wash.
Bumped again, because Schilling is apparently broke.
http://www.chicagotribune.com/sports/breaking/chi-exmlb-star-schilling-says-hes-tapped-out-baseball-fortune-gone-20120622,0,3669681.story
Despite the $50 million claim in the article, B-R puts Schilling's career earnings at just over $114 million.
Granted, he tried to legitimately
do something with his money, but this is Antoine Walker/Allen Iverson-level blowout here.
Quote from: PenPho on June 22, 2012, 12:41:01 PM
Quote from: CT III on June 22, 2012, 12:29:44 PM
Quote from: CT III on May 19, 2012, 10:15:20 AM
Bump for more '93 Phillies shenanigans.
Turns out, Rhode Island is in the Curt Schilling business, and business is not exactly booming.
http://bostonglobe.com/business/2012/05/18/facebook-curt-schilling-denies-paid-himself-back-with-money-thanks-supporters-ailing-studios-video-game-company/EnqdY2flmq0Bf55m4YvdRM/story.html
Maybe Inky can get him a couple of shifts at the wash.
Bumped again, because Schilling is apparently broke.
http://www.chicagotribune.com/sports/breaking/chi-exmlb-star-schilling-says-hes-tapped-out-baseball-fortune-gone-20120622,0,3669681.story
Despite the $50 million claim in the article, B-R puts Schilling's career earnings at just over $114 million.
Granted, he tried to legitimately do something with his money, but this is Antoine Walker/Allen Iverson-level blowout here.
His money?
QuoteBut the former power pitcher also placed blame on Rhode Island Gov. Lincoln Chafee and other state officials, which attracted the firm to relocate from Massachusetts to Providence, R.I., in 2010 with a $75 million loan guarantee.
Just another smart conservative taking money from the state like some common socialist.
Quote from: PenPho on June 22, 2012, 12:41:01 PM
Despite the $50 million claim in the article, B-R puts Schilling's career earnings at just over $114 million.
He said he saved over $50MM. And besides he did have to pay his agent and taxes, federal and state in high-tax jurisdictions like Massachusetts, Maryland and Pennsylvania.
Quote from: Gilgamesh on June 22, 2012, 12:47:16 PM
His money? QuoteBut the former power pitcher also placed blame on Rhode Island Gov. Lincoln Chafee and other state officials, which attracted the firm to relocate from Massachusetts to Providence, R.I., in 2010 with a $75 million loan guarantee.
Just another smart conservative taking money from the state like some common socialist.
He's working in his best interest. A $75MM loan guarantee? If it dropped in his lap, why not? Do you blame Soriano for signing his huge contract or the Cubs for offering it to him?
But really, all of what you said and CT and PenPho. And fuck Curt Schilling.
But really, what Gil said. And this (http://m.weei.com/sports/boston/baseball/red-sox/kirk-minihane/2012/05/16/hypocrisy-curt-schilling).
Quote from: Brownie on June 22, 2012, 01:35:31 PM
But really, what Gil said. And this (http://m.weei.com/sports/boston/baseball/red-sox/kirk-minihane/2012/05/16/hypocrisy-curt-schilling).
That's the best thing I'll read today.