What is Digg?190 Comments
- Alphateam, on 05/13/2008, -2/+132Easy cum easy go
- spearce, on 05/13/2008, -1/+124he's less then broke...he owes 5 million in back taxes. i remember an interview with Donald Trump and he said that he once found himself walking down the street in his $10,000 suit and he was approached by a homeless man for spare change. Trump remembers thinking that the bum was actually worth more then he was because of the millions of dollars of debt he was in. it amazes me that there are people on this earth who are somehow able to swing wildly from fabulous riches to amazing debt and back again. how do they get it so right and so wrong all at the same time?
- jcorn1, on 05/13/2008, -0/+95The part that caught my attention was when he'd describe how he'd wake up, have lunch, buy a car....which was a typical for him as the average person who wakes up, checks email and maybe grabs a cup of coffee. How many people buy a car almost daily or even several times a month? He didnt have to worry about money and stopped checking on the people he thought he could trust to handle his finances. A lesson here for all of us, the buck stops with us and our ability to manage it.
- INDOAZZ, on 05/13/2008, -1/+72The MC HAMMER of Porn
- darkchild82, on 05/13/2008, -6/+63This story actually reminded me of the movie 'Boogie Nights'. I rented it a few years back just to see Heather Graham naked (honestly, I wasn't expecting much :-) )... but it ended up being a VERY good movie. For those who don't know the premise, its about a the porn industry, the problems the actors faced and how its transitioned from the 70's to the 80's (the VHS era). It starred Mark Wahlberg, Juilanne Moore, Burt Reynolds, Don Cheadle, John C. Reilly, Philip Seymour Hoffman, William H. Macy & Heather Graham - yeah, "big names!" you must be wondering but when it came out in 1997, the only big name this movie had was Burt Reynolds. The movies was directed by Paul Thomas Anderson - the man who helmed 'There Will Be Blood'.
I strongly recommend watching it. - Tyrghast, on 05/13/2008, -0/+52I was surprised by how interesting that article was.
- bombula, on 05/13/2008, -2/+51What a fricking IDIOT. You have to be clinically retarded to blow $60 million.
- Pogojoe, on 05/13/2008, -1/+41Wow. What a fall. This guy was huge here and made the paper just for buying one of the last riverfront blocks of land overlooking the city.
- Stanly22, on 05/13/2008, -0/+37Dugg for Bill Clinton posing with a porn king.
- IphtashuFitz, on 05/13/2008, -2/+38People like Trump have excellent business sense, that's why they succeed, and also have huge egos, which is why they get into such trouble. They build up a huge pile of money and then start figuring they can do anything, that nothing bad will happen, they can throw their money at anything and make it instantly successful, etc. People like Trump, who manage to bounce back, are especially lucky because they're able to recognize the trouble they get themselves into, put their egos into check, and use their business sense to get back on their feet again.
- inactive, on 05/13/2008, -1/+35I don't trust your advice.
- Darrelc, on 05/13/2008, -0/+29Very good read and he seems like a pretty sound bloke. Crap with money though, surely if you had that much you would think "Ill slap away a million just for a rainy day" or something.
- inactive, on 05/13/2008, -0/+27HUMMER TIME!
- Scrappy1850, on 05/13/2008, -0/+24yes, for everyone but YOU!
- inactive, on 05/13/2008, -1/+27If two asian chicks puking on each other while a monkey ***** on a dude's chest is wrong, I dont want to be right.
- subterfuge, on 05/13/2008, -1/+25as soon as i read "heroin addiction", it all made sense
- CertifyedGoon, on 05/13/2008, -0/+24At least he found out what really matters at the end of the article.
- darkchild82, on 05/13/2008, -1/+23I don't know how porn "messes" you up. Bad decisions, trusting the wrong people & drugs messes you (& him) up.
- mkay2008, on 05/13/2008, -2/+25Yup, the lesson is to never trust anyone.
- petebot, on 05/13/2008, -1/+21I learned that lesson a long time ago from MC Hammer.
- Kallius, on 05/13/2008, -4/+23"rubbed shoulders with people such as Bill Clinton" - wow, no surprise there.
- TomK88, on 05/13/2008, -0/+19Leverage.
- inactive, on 05/13/2008, -3/+21Is it Clinton's fault yet?
I just got here - Saabzilla, on 05/13/2008, -1/+18"police were called to Brisbane's city botanic gardens after passers-by found Lasrado sleeping in the front seat of his Lamborghini, with the engine still running and several hundred thousand dollars on the passenger seat."
Wow, I'm glad to see that I'm not the only one who sleeps in his running Lambo with hundreds of thousands of dollars cash riding shotgun.
The thing that they did not mention was that cash was for gas in the Lambo! That is what it has come down to. - dazem, on 05/13/2008, -0/+17id watch this as a movie.
- ralphthemagi, on 05/13/2008, -7/+24It's always left me satisfied.
- JonTheGoose, on 05/13/2008, -2/+19When you work in the porn industry you're bound to get screwed.
- sockpuppets, on 05/13/2008, -2/+19*****
- IAmTheGuy, on 05/13/2008, -1/+17I'm pretty sure he has had many rises and falls in his days as a porn king.
- NeoCortex, on 05/13/2008, -1/+17He saw, he came, he conquered.
- floridiot2, on 05/13/2008, -0/+16So what sites did he start up? Not that I would recognize them or anything..
- rmxz, on 05/13/2008, -0/+15"it amazes me that there are people on this earth who are somehow able to swing wildly from fabulous riches to amazing debt and back again. ...how do they get it so right and so wrong all at the same time?"
Simple - they simply try to accomplish big things - like starting businesses. When such big projects succeed they do very well. When they fail, they can lose big.
In contrast, most people go for the $50-100K/yr salary. Not surprisingly, their highs are not so high, and their lows are not so low. - Ebulating, on 05/13/2008, -0/+13Whoa, man, deep!
- DjOverEZ, on 05/13/2008, -4/+17I don't know man, porn always cheers me up...
- BigManOnCampus, on 05/13/2008, -0/+12He only rubbed shoulders with Clinton?? What is he? straight?
- raz98, on 05/13/2008, -0/+12cooking
- mateo60, on 05/13/2008, -0/+12Is this article plagiarized? I googled a couple of sentences and came up with this. Here is a link from 2005, and judge for yourself:
http://nakednewsmedia.blogspot.com/2005/08/article ... - ironicsans, on 05/13/2008, -0/+11See also Al Goldstein, founder of Screw Magazine, who ended up homeless (saying "My life is a travesty"). He was profiled in this slightly outdated New Yorker article: http://www.newyorker.com/archive/2005/01/03/050103 ...
- iidestined, on 05/13/2008, -0/+11I hope he writes a book about his life so he can get out of his parents house.
- rmxz, on 05/13/2008, -0/+12Tax laws can be painfully convoluted things too.
It's not uncommon for you to have a lot of stock in a non-public company that suddenly gets valued at some high price according to tax laws - even though you're not allowed to turn it into cash (often thanks to securities laws and lockout periods). It sucks to have to pay taxes on cash you can't access; but it indeed does happen. And during the .com burst sometimes those stocks fell in value faster than people were allowed to cash them out and indeed owed more money in taxes than their stocks were worth. - sockpuppets, on 05/13/2008, -0/+10Lots of wealthy people have nice cars. There's Lamborghinis everywhere here in Palo Alto. The guy up my block has a McClaren F1 in his garage. If it's a minor part of your income it's a decent toy to have.
- inactive, on 05/13/2008, -6/+16Great read ...to bad that I can digg only once.
- orlyfactor, on 05/13/2008, -6/+19Next time save your money instead of buying a half a million dollar car. Fool got what he deserved.
- thanakar, on 05/13/2008, -0/+10His problem wasn't that he was buying cars, his problem was that he didn't take a vested interest in his own finances and left it up to others whom he 'thought' he could trust.
- hopeast, on 05/13/2008, -1/+12Damn, how does someone lose 60 million dollars? I could live the rest of my life happily with 1 million. I guess this goes to show you, when it comes to money don't trust anyone but yourself.
- fatjoe, on 05/13/2008, -0/+8uhhh.. you obviously haven't watched the documentary on him then mate. He didn't get to where he is just cause of his dad
- sockpuppets, on 05/13/2008, -0/+8Downloaded your mom huh?
- freeth1nker, on 05/13/2008, -0/+9"You've got the TOUCH!"
- inactive, on 05/13/2008, -0/+7Thats different.
He was a wanted criminal with ties to organized crime who milked the Gizmondo company for everything it was worth and drove it into the ground. It looks like he was a career criminal all along. The guy just didnt own 2 cars, he had 2 ***** Enzos (both reported as stolen because he stopped paying the bank for them), thats one of the rarest and fastest cars in the world and this guy has two. That kind of ***** doesnt happen every day.
This guy was a normal dude who made it rich and then pissed it all away on drugs/cars/women. Its sad, but not exactly that uncommon. - fatjoe, on 05/13/2008, -0/+7could be man. good find
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