A corporation-heading FBvian weighs in on the Lone Star Funds fiasco:
Saw your posting…regardiung Lone Star Funds–but was distressed that this development has been publicized in a straightforward manner and without critical commentary.
Put plainly, what is occurring to Lone Star Funds in Korea is almost certainly not a function of criminal activity but rather politically-motivated reaction to the success of Lone Star in regard to their private investments there.
The success of Lone Star in Korea–which absolutely echoes the earlier success of Ripplewood Holdings with regard to similar work in the Japanese market–has collided with xenophobic and statist sentiment in the Korean business/governmental sector: the question being, how can these Americans be making so much money from Korean companies?
While the bare-knuckle puglistic stylings of Lone Star has probably not helped its case in this arena, my take on the situation is that the Korean ruling elite–resulting mainly from national feelings of embarassment–is looking to turn some savvy and nimble local investors into international felons.
Hmmm…I hear BLT Steak is headed to Big D.
Timmy, a quick search of the Internet confirms that anyone named Tim Rogers has problems with alcohol. Whew, what a relief. All you have to do now is change your name.
Here is where he really was last night! Barf on, Timmy.
Just got a phone call from Tim. He almost barfed. To that I can only say: nice.
For no other reason than he is a friend, I bring you news that Big Bob “That’s Robert to You” Wilonsky had the item on Lone Star Funds first.
Thanks to the FrontBurnervian for the report about Marchesa. I didn’t get a chance to stop by for the festivities, as I was attending the Runway Party at Splashlight Studios. The event, which was held to launch market week in Dallas and supported the Dallas Fashion Incubator, got off to a slow start, but soon picked up with a runway/photo shoot that featured the designs of four local designer’s, including Erin Braxton, Georgina Estefania, Donna Cameron, and Nanoo Nan. While taking in the show, I got the scoop on what’s to come in the world of Dallas fashion. Hint: Dallas Fashion Week.
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And, specifically, Lone Star Funds.
Man, am I a bevy of business news, or what?
Three auditors at KPMG, two of whom live in Dallas, have been suspended by the S.E.C., after allegedly altering more than 350 documents in a 2002 audit. The guys apparently added comments, backdated files and created documentation to support their conclusions.
Punishment is light, though. The culprits will crunch numbers again, probably in three years.
This just in:
I understand that TCU is close to announcing home/home football games with Texas and LSU scheduled for 2-3 years from now. It also seems that Texas wants no part of continuing the OU/UT game at the Cotton Bowl hence the scheduling of TCU for a game here in the metroplex.
Well, my former BF doesn’t want his name used (even though he doesn’t object to the picture). I’ll SKIP the obvious Freudian model for a narcissist and let you read his report:
Still trying to sell sponsorships? You mean you’ve already gone through the $3,500 I gave you to move to LA? You were never very good with money. But you were/are one hell of an editor and you helped me immensely. And our sex was great. I still think about the night that…
Sorry, I can’t let you read the whole message. FB, with the exception of Timmy, is a family-friendly website.
From a loyal FBurnervian who went to the Marchesa party last night:
Yesterday Stephanie Quadri reported on the two ladies that design the line. Well, last night the glitterati—whatever that means—were out in full force at the fashion show at Neiman Marcus NorthPark. Former Miramax heavy Harvey Weinstein was there (one of the designers is his girlfriend and he’s bankrolling the operation) and seems to have shed around 80 pounds. He did accidentally back into me, but was very solicitous and didn’t seem as scary as the stories. I wouldn’t want to be on his bad side though.
Someone just asked me, if the boys are all hungover losers, does that mean no Friday Fun? Well, I should mention that Adam—sweet Adam—is moving into his new house, which is why he’s not here today. It has nothing whatsoever to do with his inability to hold his liquor.
As for Friday Fun, you’ll have to ask Rod and Paul.
Fit Technologies is a Dallas company that’s developed a sizing system for women based on three body types: straight sillouette, curvy, and pearlike. Women love Fit’s multiple versions of the same dress size. But boutiques and apparel companies don’t. This story says it’s because they thrive on sizing confusion. Consumers that find a brand that fits are more likely to shop only at that store.
Why am I writing this post? For the business angle, of course. And because it’s so hard these days to find a size 8 that breathes.
This just in from a loyal FrontBurnervian, also known as TBR, who had this to say about Tim’s awesome performance last night:
It should be noted that last night topped the list BY A LONG SHOT. He was, to put it mildly, an unredeemably worthless douchebag.
Okay, perhaps it’s time to stop beating up on Timmy, who’s not even here to defend himself. And, as Rod pointed out, he did tell me the truth when he called in.
I’ll just wait until he rolls in to resume the harassment. Hopefully by then he’ll be wearing more than his boxers.
Ryan, I just read your post and I have no idea what or who you are talking about. Speak English PLEASE.
Okay. Okay. My email is blowing up with scoop. There seems to be many different theories on where the Spederlines are partying and sleeping this weekend. One gossip queen tells me King Fug is shacking at Hotel ZaZa sans his Queen. Another tells me K-Fed will be at Club X tonight. If anyone makes the trek to the club, send me a full report. Please. I’ll be bowling for Family Gateway dollars at FunFest.
I’m sure Paul will cringe when I say this, but I consider him more one of us than one of them. Would you like to come over to the dark side, Rod? C’mon. It’s fun being one of the girls.
I think Paul and I count. Been here all morning. ‘Course, I only had two beers.
At least Tim was honest. He could’ve just called in sick. Which no doubt he is.
Apparently Tim didn’t realize that someone had driven his car home for him, because he called Paul to pick him up. When Paul got to the door, Tim was in his boxer shorts. Paul asked, “What’s wrong with your car?” To which Tim replied, “We have to go get it.” That’s when Paul said, “Your car’s right there, dude.”
Sweet Christine. How do you do it? You really have three kids, don’t you? I think you should take his credit card (he probably doesn’t know where his wallet is, anyway) and buy yourself a little something pretty. Or perhaps I should start a fundraising drive through FB. Surely we could raise enough to sponsor a lovely spa weekend for you.
This just in from a FBurnervian:
Judging from the posts on FB this morning, it seems like the chicks are ruling the roost. I vote we have yet another FB Ladies Day!
You wanna know why only the girls are posting? Because the boys can’t hold their liquor. We’d be happy to deliver another Ladies Day. Even though we’re on deadline, the girls are master multitaskers.
OK boys, settle down. Lordy, what a bunch of demanding cheapskates. One miserly FB ManChild offers this:
Would you consider a $50K option for some of us who don’t play in the big leagues?
What? Are you joking? $50,000? Hey, I can make that in two years. Honestly. Another persnickety reader challenges me:
Ok, Nancy, ‘fess up…when was this pic taken? Your ‘do looks an awful lot like Farrah Fawcett. And where’s the review? All I saw was a photo (allegedly) of you with an unnamed source. I love the sponsorship idea. Would you consider tats of corporate logos?
Fair enough. The picture was taken in 1982. And the “gentleman” in the picture was a real sponsor. I’ve written to him and asked for a review. Logos? Sure. Cash only.
God help us.