Monday, August 11, 2008
Thursday, June 5, 2008
Henry T. Nicholas III
This week in California CEOs features Henry T. Nicholas III, former CEO of Broadcom (market capitalization $15 Billion).
Backdate stock option grant dates? check.
Overstate earnings almost entirely related to those options for more then $2 Billion? check.
Party a little bit too hard? check.
Party way too hard? check.
Maintain a warehouse of cocain, ecstasy, and meth? check.
Spike the drinks of customers and fellow executives with ecstasy? check.
Really? yes.
Have massive orgies with strippers in a personal sex dungeon? duh.
Check self into rehab for boozin' it up? check.
Networth around $2.5 Billion? check.
Ladies and Gentlemen I present to you Hank Nicholas:

Backdate stock option grant dates? check.
Overstate earnings almost entirely related to those options for more then $2 Billion? check.
Party a little bit too hard? check.
Party way too hard? check.
Maintain a warehouse of cocain, ecstasy, and meth? check.
Spike the drinks of customers and fellow executives with ecstasy? check.
Really? yes.
Have massive orgies with strippers in a personal sex dungeon? duh.
Check self into rehab for boozin' it up? check.
Networth around $2.5 Billion? check.
Ladies and Gentlemen I present to you Hank Nicholas:

Labels: backdating stock options for fun and profit, California CEOs, coke, rich people, shafting contractors who build your sex dungeon, strippers, the man harshing mellows
