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Girls Gone Filed
You know America is in trouble when a company that does nothing but create TV-style shows of college-age women in next-to-no clothes goes bankrupt but sure enough the company behind the "Girls Gone Wild" videos filed Chapter 11 today to protect itself from $10.3 million debt claimed by Steve Wynn’s Wynn Las Vegas LLC (after losing a slander lawsuit suggesting Wynn knowingly tricked high-end gamblers) and a $5.8 million award won by a woman who says the company used naked images of her without permission in the “Girls Gone Wild Sorority Orgy” DVD series. The bankruptcy enables the company "to restructure its frivolous and burdensome legal affairs," and just like GM and UA (the company states reassuringly) it will be business-as-usual for Girls Gone Wild. In perhaps the clearest analog for America, the company had $16.3mm in debt and $50k in assets - now that is leverage-able wealth-effect.
The company behind the “Girls Gone Wild” videos filed for bankruptcy to protect itself from a $10.3 million debt claimed by Steve Wynn’s Wynn Las Vegas LLC and a $5.8 million award won by a woman who says the company used naked images of her without permission.
Last year, Wynn and his company won a slander lawsuit against Joe Francis, founder of the “Girls Gone Wild” franchise,
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Francis lied when he claimed he had proof that Wynn tricked high-end gamblers, the judge ruled.
GGW Brands LLC said it had about $16.3 million in debt and less than $50,000 in assets.
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GGW Brands filed for bankruptcy “to restructure its frivolous and burdensome legal affairs,”
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“This Chapter 11 filing will not affect any of Girls Gone Wild’s domestic or international operations,” according to the statement. “Just like American Airlines and General Motors, it will be business as usual for Girls Gone Wild.”
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Favazza sued Francis in 2008, claiming someone exposed her breasts while filming in a bar in St. Louis for the “Girls Gone Wild Sorority Orgy” DVD series, according to court documents.
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World Gone Vile.
I like it wild :)
Boris not is entertained.
How about a snuff film starring Joe Francis?
Not to worry..
The diligent folks at the SEC have been seriously looking at this and similar expositions for the last several years.now.
For the last few years they have been filming FED GONE WILD. Coming to theaters near you. Not suited for children and anybody with common sense.
"Joe vs. The Drones."
One less cockroach is a start. Let them 'ho on their own, doing a dam fine job so far as I can see. Show and sell, now open the checkbooks or get perp-smacked.
Not Just iPhone Alone, Even Sex Doesn't Sell Anymore?
Truly a shocking turn. And the curtain has come down for Boob-flation
Bubby ~ francis_sawyer is ya WHITE KNIGHT... Always ready to step in with LEVERAGE & LIQUIDITY
who pays for porn?
staticicians ~ who figured out it costs LESS than marriage...
Owning an overpriced, overtaxed piece of property vs. renting.
I had a high-school drafting teacher tell me:
"You don't pay them for sex, you pay them to leave"
He sounds like one of those statisticians you misspelled about.
how was he at a keyboard that had lost its battery charge?... [Note: I had to stop 5, now 7, times to re-edit that]... at 11 now...
I thought Charlie sheen said that
Charlie took the same class as AFire.
It's not the marriage that costs, it's the divorce.
In the long run, a Lamborghini is cheaper.
But you can't eat a Lambo.
The SEC, and TSA. So, by proxy, you!
Let me guess, Francis lost his ass at a Wynns poker table and how in the fuck does a company that gets free tits and ass video and sells the shit out of it to pimple faces high schoolers and college geeks as dick skinner warm ups go, well, tits up? 15 million ain't a whole lot in this gig.
I'm aghast to imagine that you'd think I'd EVER lose 'house rake' to a Jew casino [even if only to while away 'poker hours' against conventioneers]...
~~~
There are BETTER ways of taking Stevie Wynn down... [like the 24-1 parlay that I scored by taking the MONEYLINE on the Baltimore Ravens vs. DN/NE/SF in a row]...
I tried to get ZHers in on that [it's documented within these thread archives]... Alas...
I'm changing my username to TITANIC [francis_sawyer] THOMPSON...
You know that there is too much fiat flying around when you can leverage up 326 to 1 to produce something people can get for free from the Internet.
There was a time...back in the Dawt Bawmbz daze, where teh Pr0nz was teh only thing making money. It was also a time when "the" was spelt correctly, and we thought we knew what the meaning of the word "IS", is.
Nanny, LOL!
... everything is so fucked up I cannot keep track anymore.
Message to the Prez. Obozo. PORN need's a bailout and FAST... this is what happens with the sequester SEE, SEE, SEE!
Porn bailout, now that there is art chasing after life!
Hey, at least they "produce" something...Goldman? JPM? What do they produce?
Well, they make YOU produce something.
Maybe they underwrite Dapne Rosen & Kelly Wells... Jus speculatin' [after all ~ I'm not a 24/7 moneymaking machine ~ I'm jus a hack]
Danni Ashe has got it ALL! Brainz, looks, & Huge boobs!
I bet CFTC will be interested in this case.
Porn lost to Tumblr's self pic empire.
It had it's day.
Perhaps movies and music are the next dominoes to fall.
Maybe, but a DIY empire is starting up, not facebook crap. But people actually doing things, like movies and music, writing etc. Tumblr nailed it very well on the porn trip, Kickstarter for the startups
And of course Zero Hedge will end up taking out CNN, Marketwatch etc
ZH whiffed on not grabbing Lauren Lyster and going next level
+10. But, there's always hope they will do so, or are working on a plan. We can only hope that this site is part of a bigger plan that grows an entire ZH ecosystem.
Would Al Jazeera take a quick profit on a flip of algore's CurrentTV? I love poetic justice.
In case you didn't get the memo, which first was the snorg tees and then the columbian cupids / philipino hotties ads, IMO ZH doesn't have what one would term a "reliable revenue stream" to support video production sporting that kind of cleavage. I doubt that ZH can even tote Daniella (sp) Cambone.
In the meantime, I'm satisfied with the very good avatars that some of these guys sport. And, it's free.
If one is to waste a moment on wishful thinking, I will take Tyler on TV over economic recovery from borrowing another $10T any day.
Well, two of the biggest US VFX-Houses filed already for bankruptcy - Digital Domain and Rhythm and Hues. They just won the Oscar for "Life of Pi". Situation is rather bleak for US companies.
More and more of the US films are produced in studios in Europe or elsewhere. US VFX Houses are going bankrupt - one by one. Production shifting or relocating to Asia or places where it is heavily subsidized (Canada).
The music industry is also a shadow of it's former self.
Same is happening here with books and ebooks. Give it some more time and success and we will see a lot of change in the book industry. Fewer publishers, fewer individual book stores, and so forth. Happened partly already in the US.
Reminds me of the HG Wells story,"The Time Machine" starring Rod Taylor from the 60's. He goes to the future and finds books have been replaced by wierd spinning discs and the people are all apathetic and emotionless. At this moment in time, it looks quite prophetic.
This is a sad day at SEC headquarters. GGW was part of their training and welcome package to new employees.
Or should I say SEC's headquarters?
The GGW re-runs are great.
Don't you remember the early episode in which Samantha grabbed Robin's tits. Or when Stacy smacked Barbi's ass?
I don't need any new GGW episodes to continue to appreciate the franchise and its offerings. To be honest the older ones with a real storyline and shot on film are the classics.
You should say S pehriod E pehriod C pehriod apostrophe S.
Where my dictionary possee at?
Not a problem. They'll just find the newest upcoming talent.
http://4.bp.blogspot.com/-xcRAuzvyulA/TisJqBguD9I/AAAAAAAAAfI/wyTxus0S1Ss/s1600/matchmaking-China6-550x383.jpg
This might be unfortunately true, and in fact I as an individual do consider 'porn' to be at the very least a symptom, if not actually a disease; However in an even remotely free-market such contest between my beliefs and those of others would be contested on a free and fair field of battle.
With a 'government' such as ours there truly is no authentic freedom and so no such contest can take place.
Central planning is in fact slavery.
I will not concede on this point because I do respect this fact as absolutely and irrevocably true.
Girls gone mild.
So is it best to say that GGW has gone tits up?
Is GGW a Greek company? They have the same liabilities and assets ratios as most Companies, banks, and countries in the EU.
I'm surprised they didn't pull the recordkeeping-child porn routine on this company and shut them down long before it came to this.
The statists want the culture subverted so there is more need for the state. It is the dependency agenda. Bring everyone low.
Hmmm, this just screams for an Irish Poem:
The Wild, Wild Breast
There once were some ladies quite wild.
Who were, by a sly cad, beguiled;
Into posing half-dressed
But who cudda guessed,
There'd be PHOTOS, MEIN GOTT! they got riled!!!
Squeeky Fromm, Girl Reporter
We know you're clever but can you show us your boobs?
Are you a female high school drop out between the ages of 18 to 25......
http://youtu.be/lZVnve5wG0A
.........
And the GDP lost some more contributing boobs.
Yes, but all of those college girls on spring break likely have even larger student loan debt than they should have as a result of getting drunk, sick and puking all over some southern locale's shithole "condo" for a week and then showing their face AND tits on camera at the same time. Smart. Real Smart.
The new Corporate America, you enter bankruptcy court, discharge your debts and cancel all legal action against you. Within a week you are back in business like nothing happened with a slight name change to the corporation.
Fuck the courts, fuck American business, and most of all fuck Joe Francis that fucking asshole. If you've ever seen the guy, he is an insult to douchebags.
I'm somewhat surprised he hasn't been beaten to death my some irate boyfriend of one of his charges.
Dark Pools, +10,000 for the Lauren Lyster reference above. miss that hottie
I give this story 2 Up Nipples. 3 would just be awkward.
GGW Joe Frances' head has exploded many times... still nothing to clean up ...it's always empty.
When sex doesn't sell your fucked.
...for free.
When you don't have money at stake, you get a do over, over and over again. Those who do have money pay for their sins. I guess to get ahead you must be broke first. Sounds like everything else in this effed up upside down financial economy.
Which reminds me.....
Why am I being inundated with ads for CougarLife.com?
At first it was rather flattering that so many "goers" were vying for my attention, I guess - but now with competition heating up from AsianCupids and EbonyHotties - not to mention RussianSoulmates (yeah right!) - all scrambling for a "piece of the action", it's all getting a bit much....
I'm terrified to walk down th block for fear of having the shirt ripped of my back by these wanton hussies..
Good job I've got my trusty Louisville Slugger (yep - the same one I patrol Wall St with ;) to fend 'em off..
Maybe shake up your porn selection and see if you get some midget dating sites in their too.
Hey, Francis, the house always wins.
Clinton should have stepped up to save this poor, struggling entrepreneur. It would have sealed his legacy!
I guess he went BUST
I'm sure the no-talent schmuck has already sold the rights to the name to his new shellco.
God Bless America and it's whacked out cognitive dissonance about titties.
Tits of GTFO, Tyler.
When GGW first came out in the late 90s, it was all the craze because finding nudie pics were much harder (pun intended) than today, even over the internet (mostly due to download speeds)
Now I can pull up madthumbs on my smartphone, and FILTER to the part of the scene (i.e BJ, DOGGY, etc) I want to.
Nevermind that all of the suckers in the 90s and early 2000s who bought this shit and made Francis a millionaire now have a more "intricate" taste in the porn/filth they consume. And, most can get it for free since computer IQ has gone up amongst the male populations of the world since early 2000s. Torrents really killed the business model of GGW, because they never evolved into what the filth consumer wanted: hardcore. This is how porn evolved into making money from their biz model: get site hits and individually cater to your fans, especially those who pay (mostly hedge fund, entrepreneur, and Wall St types who become members of the site just so they will have a chance to "meet" the girls).
Either way, GGW just goes to show where's there's money, there's stupid (attractive) girls. See: Elliot Spitzer (who paid $5K to the woman he cheated on his wife with, who was on a GGW video during her "modeling" days).
End of an Era....the commericals were always the best in high unintentional comedy.
If he shall be fine by starting a serious of DVDs called "Ben Gone Wild".