$10 Million Bar Mitzvah Dad Under Investigation

[Ponch ®]

See Bill? Karma's a bitch...and I hope they throw the book at this f*cker.

I have no idea what happened to the other thread, but keep it civil, mmmk?

BULLET-PROOF MOGUL UNDER FIRE

December 1, 2005 -- DAVID H. Brooks, the Long Island bullet-proof vest tycoon who spent $10 million for his daughter's bat mitzvah bash on Saturday, is being investigated by the Securities and Exchange Commission.

Brooks gained notoriety when it was revealed he had hired Aerosmith, the Eagles, Stevie Nicks, 50 Cent, Ciara, Kenny G and Tom Petty to play at a party for his 13-year-old daughter, Elizabeth, on both floors of the Rainbow Room.

Brooks' company, DHB, a defense contractor that makes bullet-proof vests for the U.S. military, has been the subject of several class-action suits stemming from a government recall of its body armor. In May, the Marine Corps recalled 5,277 combat vests made by a DHB subsidiary issued to troops in Iraq and Afghanistan because of concerns that they failed a test to determine whether they could stop a bullet, reports Foxnews.com's Roger Friedman.

That happened five months after DHB announced a $100 million contract with the Defense Department on Dec. 23, 2004. The contract, Brooks said at the time, could be worth as much as $500 million.

Coincidentally, Friedman reports on the Web site, Brooks and the insiders at his company sold off about $200 million worth of DHB stock between Nov. 29 and Dec. 29, 2004. Brooks, according to publicly available filings, sold about $186 million himself.

Last weekend, Brooks sent his company jet to fly Aerosmith in from Pittsburgh. The band, which reportedly took the stage at 2:45 a.m., allowed Brooks' teenage nephew to play drums. The group's $1 million fee buys a lot of cooperation. The 50-year-old tycoon, who changed from a black leather suit into a magenta suede biker outfit covered with chains, later told a reporter he wouldn't comment on "a private event."

Federal investigators will undoubtedly be interested in how Brooks paid for the party. One area they are already looking into is how DHB bought parts from a company controlled by his wife.

A spokesman for Brooks, Manuel Rubio, said the company had no comment

[Shakey]

Sounds like the party was planned as a tax write off.  Great way of hiding some money!

[Ponch ®]

Sounds like the party was planned as a tax write off.   Great way of hiding some money!

you know whats the scariest part? that the government IS getting involved, like Silver wished.

[Johnny SixPack]

Sounds like the party was planned as a tax write off.   Great way of hiding some money!

you know whats the scariest part? that the government IS getting involved, like Silver wished.

Heaven help us all.  

[Old Moparz]

Sounds like the party was planned as a tax write off.   Great way of hiding some money!

you know whats the scariest part? that the government IS getting involved, like Silver wished.

Does that mean he gets to be a mod now?

[Johnny SixPack]

Sounds like the party was planned as a tax write off.   Great way of hiding some money!

you know whats the scariest part? that the government IS getting involved, like Silver wished.

Does that mean he gets to be a mod now?

Nah, I always thought of him more as a rocker.

[Charger_Fan]

Sounds like the party was planned as a tax write off. ? Great way of hiding some money!

you know whats the scariest part? that the government IS getting involved, like Silver wished.

Does that mean he gets to be a mod now?

Sounds good to me, Troy can have him Mod his own section.

[Old Moparz]

Federal investigators will undoubtedly be interested in how Brooks paid for the party. One area they are already looking into is how DHB bought parts from a company controlled by his wife.

I don't have the details, but maybe his wife's company is the only one of it's kind that is owned by a woman. That also gives it the chance to be certified as a "WBE" (Women's Business Enterprise) or "DBE" (Disadvantaged Business Enterprise) company. If that's the reason, it's almost a sure thing to get contracts through the government whether you're compitent or not. A lot of times the contract is written so that the contractor is required to hire a minimum percentage of WBE/DBE/MBE sub contractors or suppliers. (MBE is Minority Owned Business) I used to work for a woman who's engineering firm was classified this way. She had no clue as to which end of a ruler to read, but knew enough to get a partner with a license to hold a 49% share of the company to sign papers. She's out of business now for being a moron.

WBE:
http://www.wbenc.org/

DBE:
http://www.dot.state.co.us/EEO/DBEProgramPage.htm

MBE:
http://www.uwsp.edu/purchasing/minority_business_enterprises.htm

[Old Moparz]

Sounds good to me, Troy can have him Mod his own section.

   

[Johnny SixPack]

I used to work for a woman... She had no clue as to which end of a ruler to read, but knew enough to get a partner with a license to hold a 49% share of the company to sign papers. She's out of business now for being a moron.

Does that make her a D.A.M.B.O.? (Dumb Ass Moronic Business Owner)

I dunno.

Or would that be a I.C.F.A.I.E.? (Intellectually Challenged Female American Independent Entrepreneur)

[Ponch ®]

I used to work for a woman... She had no clue as to which end of a ruler to read, but knew enough to get a partner with a license to hold a 49% share of the company to sign papers. She's out of business now for being a moron.

Does that make her a D.A.M.B.O.? (Dumb Ass Moronic Business Owner)

I dunno.

Or would that be a I.C.F.A.I.E.? (Intellectually Challenged Female American Independent Entrepreneur)

or a Clearly Unqualified No Talent? C.U............

[Old Moparz]

Aside from being an a-hole & doing a few underhanded & questionable things (illegal) the manager & I knew of, she was also certified as O.L.D.N.U.G.L.Y. as in not even with a borrowed d**k.

[Johnny SixPack]

How about with Silver's?

[Silver R/T]

Sounds like the party was planned as a tax write off.  Great way of hiding some money!

you know whats the scariest part? that the government IS getting involved, like Silver wished.

ya guys, I had to make a few calls you know..Ive got connections

[Johnny SixPack]

Sounds like the party was planned as a tax write off.   Great way of hiding some money!

you know whats the scariest part? that the government IS getting involved, like Silver wished.

ya guys, I had to make a few calls you know..Ive got connections

Did you sic 'em on the b@st@rds who sold you that defective energy saver bulb?

[Silver R/T]

na not this time...I do not get upset over burnt bulbs that lasted at least 2 years

[ChargerBill]

Troy can have him Mod his own section.

Yeah, the section with padded white walls...

Well, sounds like he might be a shady business man...let's see if this moron gets what he deserves.

[Silver R/T]

Sounds like the party was planned as a tax write off.═ Great way of hiding some money!

you know whats the scariest part? that the government IS getting involved, like Silver wished.

Does that mean he gets to be a mod now?

I wouldnt mind that, Troy what are the requirements?

[Recharger]

common sense

[Mefirst]

I wouldnt mind that, Troy what are the requirements?

You do know that you are also required to take a written exam to see if you qualify?

[Silver R/T]

That we could do!

[Brock Samson]

That we could do!

 

[dkn1997]

or a Clearly Unqualified No Talent? C.U............

dude, you kill me. 

[Charger_Fan]

I wouldnt mind that, Troy what are the requirements?

You do know that you are also required to take a written exam to see if you qualify?

That we could do!

Who is WE? You & the mouse in your pocket?

[Johnny SixPack]

I wouldnt mind that, Troy what are the requirements?

You do know that you are also required to take a written exam to see if you qualify?

That we could do!

Who is WE? You & the mouse in your pocket?

Is that what he's calling it now?