Drugs, hookers and cranked customers: Ex-Broadcom boss indicted

[edesignuk]

More proof arrives today that we should have befriended the folks at Broadcom in the early part of this decade.

Broadcom co-founder and former CEO Henry Nicholas has been indicted on charges unsealed today of illegal stock-option backdating, which resulted in the largest financial restatement (a write down of $2.2bn in profits) related to the crime in US history — and that's the boring part.

A second indictment unsealed this morning charges Nicholas with maintaining and distributing drugs from his various homes, supplying hired prostitutes with controlled substances, spiking customer and employee drinks with ecstasy, and other surprising drug-related charges.

One incident alleges Nicholas and others smoked so much marijuana during a flight on his private plane between Orange County and Las Vegas that the pilot had to put on an oxygen mask.

The Register.

Awesome, this is some proper bad behaviour from a CEO

I don't want to hear about financial wrong doings, it's all about the drugs and hookers baby!

 

[dmr727]

I used to do some contract work for Nicholas and his myriad of friends, lawyers, and so on. He's one crazy, filthy rich dude. We all kind of knew this was only a matter of time.

 

[Abstract]

I used to do some contract work for Nicholas...

"Hookers and blow for everyone!" *raises both arms in the air*

"HURRAY!!!"

 

[Vster]

"Hookers and blow for everyone!" *raises both arms in the air*

"HURRAY!!!"

Sweet!

That story actually made me laugh. As did this quote! But, that is so weird that a CEO would be up to shenanigans like that.