Wednesday, July 8, 2009

Hard to Believe......

That former TheStreet.com contributor and financial "Whiz" Lenny Dykstra has filed for Chapter 11. Thats right folks, Lenny "Nails" Dykstra has gone Tits up so to speak. Years ago HBO ran a special on this dope and he was trembling like a death row inmate and spitting as he spoke. The whole time Bryant Gumbel was lauding him for his financial acumen and all I could think was "isn't this the same guy who wrapped his car around a tree going 120mph just a few years earlier?" In any event, Lenny's so called claim to fame was "the subtle mastery of derivative trades involving biotech companies" during his epic run in the late 90's and into the new millenium. In a court filing, it has been revealed that Lenny "Nails" has no more than $50k in assets and somewhere between $10-50million in liabilities" (pretty wide spread). At one point Lenny bought Gretzky's LA mansion just because he felt like it. Here is an interesting article on Lenny and his most recent venture. Seems like a really stand up guy. In the spirit of my earlier article...Lets go Mets!
http://men.style.com/gq/features/landing?id=content_8558