Friday, July 17, 2009

Kenny Powers - Financial Advisor


Lenny Dykstra's been trying to get into the whole stock tip/Jim Kramer deal. This ESPN article earlier this spring which featured some choice insights such as:

The scrappy old center fielder, remembered as "Nails" by adoring Mets and Phillies fans, is chasing money, lots of it -- "cheddar," as it's called in his SoCal lingo. Without being asked, the self-styled investment master -- who, at this moment, is up to his thick neck in lawsuits -- volunteers that he's worth $60 million. This is how it goes for Lenny Dykstra.

In case you missed the HBO profile last year or the magazine stories that trumpet Dykstra's business acumen, his life beyond baseball includes acquisitions such as hockey legend Wayne Gretzky's old house ("the best house in the world," Dykstra says) in Thousand Oaks, Calif., which he bought for $18.5 million. He drives a black Rolls Royce Phantom with an extended wheelbase, and hires pilots to fly him around in his Gulfstream II jet.

The Lenny Dykstra story gets crazier:

Celebrity financial crash of the day: Former Major League Baseball star and Lake Sherwood resident Lenny Dykstra filed for bankruptcy protection today in Los Angeles, listing less than $50,000 in assets -- and debts totaling between $10 million and $50 million. The 46-year-old Dykstra, who played for the New York Mets and the Philadelphia Phillies, retired in 1996. He has since been involved in a number of entrepreneurial ventures, including a string of car washes, an investment column for Thestreet.com, and a service called the Players Club Operations that offered credit cards, charter jets and other services to athletes. In April, he bragged to espn.com that he was worth $60 million.


Oh, and he's getting a divorce too:

The divorce does not appear to be amicable. Terri requested a restraining order after Dykstra sent her text and e-mail messages like this one from May 19: “PLAYING MR. NICE GUY IS OVER.” Terri said in her court filings that he also left her a voice mail in May stating: “From now on everything is going to be bad, the war is ready to begin and I play ... dirty!”

Dykstra responded that her allegations are false.

The court denied Terri’s request for a restraining order.

Dykstra is living in the Lake Sherwood estate that was originally built for hockey legend Wayne Gretzky. The property is in foreclosure but creditor actions were blocked this month when Dykstra filed for Chapter 11 bankruptcy protection.


Well maybe he can go live with his brother like Kenny Powers. Oh wait!

Even members of Dykstra's family are lined up on the list of those to whom he owes money. His older brother, Brian, has yet to collect a $12,000 judgment awarded by the California Labor Relations Board. His younger brother, Kevin, alleges Dykstra cheated him out of $4 million on the sale of the family-run car washes, though Kevin hasn't filed suit.


What a douche.

4 comments:

Rex Jaybels said...

My favorite part of Eastbound and Down:

Agent: "Kenny Powers?"
Kenny: "Who the fuck are you?"
Agent: "I'm you're Dad. No, I'm just kidding, your Dad's dead."

Classic.

Clown said...

I just started watching that show recently. It definitely has it's moments.

I hope that Lenny doesn't run Cutter's finances.

Chorenzo Chorizno said...

Seems like he is at least partially (quoted from Deadspin.com):

One person — a well known newspaperman — swears up and down that he's made money from Lenny's options picking. But this person has also been enmeshed in all of the magazine chaos that Kevin Coughlin highlighted in the GQ article last month. I asked this individual if that article was accurate and he said, if anything, it didn't come close to revealing some of the bizarre things Dykstra pulled with The Player's Club: non-payment, constant dropping of racial epithets, overpaid employees, underpaid employees, and an utter lack of any sort of editorial vision or oversight. It's a disaster of epic proportions and is hurting a lot of people Dykystra's used everyone in his family to funnel money and, according to my friend, paid him for one story out of the checking account from his son, Cutter Dykstra.

Fucking his family over for money - sounds familiar...

Chorenzo Chorizno said...

Here's the link to the thing from Deadspin:

http://deadspin.com/5224796/the-myth-of-lenny-dykstra-completely-unravels

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