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(CNN)   Girls Gone Wild files for bankruptcy. Who would've thought that using titty-flashing to sell your steel-drum music was a faulty business plan?   (money.cnn.com) divider line 14
    More: Silly, Girls Gone Wild, unsecured creditors, Wynn Las Vegas, Ashley Dupre, bankruptcy  
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6601 clicks; posted to Main » on 28 Feb 2013 at 9:59 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-02-28 08:30:47 PM  
4 votes:
It's in bankruptcy because the owner is an asshole who tried to reneg on a $2 mln bill from Steve Wynn, he then slandered Wynn, Wynn sued and won another 8 mil in court, now the owner doesn't wanna pay the $10 mil he owes Wynn so he's just trying to hide his assets.

This has been going on for 4-5 years.
2013-02-28 10:03:39 PM  
3 votes:

BronyMedic: Snotnose: It's in bankruptcy because the owner is an asshole who tried to reneg on a $2 mln bill from Steve Wynn, he then slandered Wynn, Wynn sued and won another 8 mil in court, now the owner doesn't wanna pay the $10 mil he owes Wynn so he's just trying to hide his assets.

This has been going on for 4-5 years.

I'm pretty sure it also has a lot to do with the lawsuits from the drunk idiots that he got to appear in his videos for t-shirts.


And the fines for not checking that those drunk idiots were 18.
2013-02-28 10:01:13 PM  
3 votes:
This is a failure on a par with New York's inability to make money with Off Track Betting.
2013-02-28 09:14:34 PM  
2 votes:
You guys can do your superiority dance but I'll bet there's no one here who didn't admire this business plan when you were first awakened by it on late night infomercials.
2013-02-28 08:13:45 PM  
2 votes:
Two things:

1.) Every time I watch the Arnold Schwarzenegger film Commando and listen to the steel-drum score, I think: "The music must've been done by the Girls Gone Wild Commercial Orchestra."

2.) Fark Joe Francis.
2013-03-01 01:35:36 AM  
1 votes:
I've tried nearly all the fizzy energy drinks but refuse to drink Rockstar due to its affiliation with GGW.  Normally I like letting a nice pair disable all brain activity, but it all seems so wrong when the voice in my head screams "these chicks are probably drunk and don't know what the fark they just signed."  And merely by association, Rockstar energy drinks seem so icky.  Fark Joe Francis and the entire GGW series.
2013-02-28 11:49:19 PM  
1 votes:
GGW disgusts the fark out of me. Same with Hooters.

Get some real porn, you wanna-be date-rapists.
2013-02-28 11:24:16 PM  
1 votes:

Strobeguy: He is only 16 million in debt with 10 million assets?

Need to take a lesson from congress which has the country trillions in debt and isnt stopping

/dibs on the Whitehouse when they go bankrupt




Here's another article on it.

"However, a new lawsuit claims Francis has more than than $60million at his disposal, between his own net worth an his company.
Favazza has file a new lawsuit against the company claiming that it is dodging a judge's order to pay her.
Favazza said the company itself has $20million in trademarks for videos, websites and clothing.
Francis also owns a 1971 Gulfstream jet worth about $2 million, a $10 million home in Bel Air, California, and a $30 million mansion in Punta Mita, Mexico."
2013-02-28 10:38:56 PM  
1 votes:

TommyymmoT: OTB astounds me.
Bookies made money, and they had to sneak around, risk arrest etc.
OTB has every advantage. Multiple outlets, phone-a-bet, online betting, extensive advertising, and even their own 24/7 TV channel, yet they seemingly can't make money?


I work in the NY horse racing industry, getting a kick, blah blah blah...

Basically, New York City OTB was a political patronage job dumping ground, and, as a result, was very bloated. Also, the union employees had very favorable pension plans (well, they were favorable until the company went bankrupt, and now the retirees have been left hung to dry). There's no reason why off-track betting in New York City can't work, provided such a operation has competent management and focuses on having fewer but nicer facilities (think betting in sports bars instead of the old crack den atmosphere).
2013-02-28 10:30:11 PM  
1 votes:
I'll always have a soft spot in my heart for Girls Gone Wild commercials. After waking up from a nightmare at 2 a.m., nothing got my mind off it better than those infomercials.
2013-02-28 10:22:16 PM  
1 votes:
Don't know much about the guy, don't care that he got drunk 16 year olds to show their tits, or that he made tons of money while I remain poor. What pissed me off about him was when I saw some show where he was bragging about how much $ he had and how he threw parties for celebtards and every single food or drink was way over priced.


"Here on this floor we have the shrimp room. Every shrimp is stuffed with 14 caret gold and rubbed on Selma Hayek's bald vag before being dipped into tiny diamonds and then put on a serving plate."

Well, wasn't quite that bad, but close enough.
2013-02-28 10:08:01 PM  
1 votes:

L.D. Ablo: Well, at least trucks can still go wild.


[www.bull.fm image 850x577]
/SUNDAY SUNDAY SUNDAY


That's a rip-off.  They charge you for the whole seat, but you really only need the edge.
2013-02-28 09:33:37 PM  
1 votes:

Snotnose: It's in bankruptcy because the owner is an asshole who tried to reneg on a $2 mln bill from Steve Wynn, he then slandered Wynn, Wynn sued and won another 8 mil in court, now the owner doesn't wanna pay the $10 mil he owes Wynn so he's just trying to hide his assets.

This has been going on for 4-5 years.


I'm pretty sure it also has a lot to do with the lawsuits from the drunk idiots that he got to appear in his videos for t-shirts.
2013-02-28 09:33:26 PM  
1 votes:
It was a fantastic business plan and made that douchbag of an owner a metric assload of money.  Then internet.
 
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