Wednesday, September 10, 2008

Samueli's partner and the 'sex cave'

A hat tip to Tom Benjamin for pointing some of this out, but one of the interesting (and under-told) stories of the whole saga with Ducks owner Henry Samueli is what's going on with his former Broadcom partner, billionaire Henry Nicholas.

Here's what The Associated Press had this week when it was announced Samueli's plea deal was being nixed:
Under the agreement, Samueli would have avoided prison time and would not have been required to help prosecutors build their cases against Broadcom's former chief financial officer, William J. Ruehle, or company co-founder Henry T. Nicholas III, who are accused of conspiracy and securities fraud. Nicholas also faces drug-related charges, including that he slipped ecstasy into the drinks of business associates.
Come again?

Wading a bit deeper into what Nicholas was allegedly mixed up in, there was a story in The Times back in June that outlined what the actual allegations against him were. And it's pretty unreal stuff:
Most attention yesterday was focused on the accompanying 18-page indictment on drugs charges against Mr Nicholas. It detailed a lifestyle so extraordinarily profligate that not even the description of “Gatsbyesque” could suffice. It is alleged that Mr Nicholas hired prostitutes and escorts for himself, his employees and his customers, and conspired to obtain illegal prescriptions for drugs such as Valium. He also allegedly kept a warehouse full of drugs and built a $30 million “sex cave” under his mansion with a bar and a million-dollar sound system where he and his rock star friends indulged themselves.
And this:
In addition, it is claimed that Mr Nicholas’s consumption of marijuana was so prodigious that during a 2001 flight on a private jet between Orange County and Las Vegas the pilot had to put on an oxygen mask; and that on two separate occasions he drugged unsuspecting colleagues with Ecstasy.
Since May, Nicholas has been staying at Cliffside Malibu, a facility described as "The most luxurious drug rehab facility on the planet!"

Talk about inappropriate exclamation points.

This is all one step removed from Samueli, but it is worth noting the company he kept. The Ducks owner and Nicholas were long-time friends who "met in the 1980s while working as engineers for TRW Inc., a defense communications company" and founded Broadcom together in Nicholas's condo in 1991.

The speculation now is that Samueli may face jail time for his role in the stock options backdating case, and it seems unlikely he'll ever be reinstated as an NHL owner.

Even so, it'll be worth watching what happens with Nicholas as his case makes its way to trial.
.

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25 Comments:

At 2:24 PM, September 10, 2008, Anonymous Anonymous said...

Ouch.

 
At 3:18 PM, September 10, 2008, Blogger Chemmy said...

Well, he could have had a nazi themed sex orgy with parents who founded the British Fascist party.

Max Mosley

 
At 3:19 PM, September 10, 2008, Anonymous OrderedChaos said...

"Sex Cave" sounds like a Spinal Tap song.

This whole Samueli situation is crazy... "It is claimed that Mr Nicholas’s consumption of marijuana was so prodigious that during a 2001 flight on a private jet between Orange County and Las Vegas the pilot had to put on an oxygen mask." Yeesh, is this real life or a scene from "Cheech and Chong Buy a Hockey Team"?

 
At 4:57 PM, September 10, 2008, Blogger Brooklyn Hockey Boy said...

Ouch, dude, sucks that anyone from the NHL is getting mixed up in this. I hope the league's image hasn't been tainted too much.

 
At 5:11 PM, September 10, 2008, Anonymous Anonymous said...

can't get much farther from the Emilio Estevez Disney Duck image then that...

 
At 5:14 PM, September 10, 2008, Anonymous Anonymous said...

rich people always make the best owners, weirdos, druggies, murderers, corporate warlords, politicians and presidents. im just glad theyre benevolent enough to bless us all with jobs. god bless north america.

30 million on a sex cave. i wonder what his super hero costume is? Dildo man?

 
At 6:11 PM, September 10, 2008, Anonymous Gerald said...

James, you do realize that this sort of shite is already gathering in the minds of some of your readers such that Samueli is doing this, and not his business partner.

Don't you?

 
At 6:22 PM, September 10, 2008, Blogger James Mirtle said...

Do those readers have a learning disability?

 
At 7:04 PM, September 10, 2008, Blogger Art Vandelay said...

If the writer is responsible for every reader's reading comprehension, this is how the story would have to read:

"Nicholas is a bad, bad man. Some important people say he did drugs. They also say he stole money from people. We don't know for sure. We do know that Samueli was his business partner. Some people wonder why he would be friends with such a bad, bad man."

 
At 7:56 PM, September 10, 2008, Anonymous Gerald said...

Art and James, are you two serious??

Read the four comments prior to mine. James, I guess by your assessment you are writing for a significant group of readers with learning disabilities.

 
At 8:01 PM, September 10, 2008, Blogger James Mirtle said...

I don't know that that's a revelation. :)

 
At 8:02 PM, September 10, 2008, Blogger Big Picture Guy said...

A statement by the judge, reported in the OC Register, sheds more light on his thinking in rejecting Samueli's plea agreement "(Judge)Carney said he would prefer to wait until the conclusion of the criminal case against Nicholas and Ruehle before he signs off on a sentence for Samueli. The Nicholas and Ruehle trial is scheduled to begin April 7.

“They may beat those charges, and then the sentence is more than reasonable, more than fair in my opinion,” Carney said about the plea deal." A law professor quoted by the newspaper said Carney might be withholding a decision as a "bargaining chip" to get Samueli to testify against Nicholas. Pressure on Samueli to testify may also put pressure on Nicholas whose lawyers are filing delaying motion after delaying motion.

 
At 8:41 PM, September 10, 2008, Blogger BDH said...

I can't believe I'm the first person to say... awesome.

 
At 10:01 PM, September 10, 2008, Anonymous Anonymous said...

Is it safe to say Mrs. Pronger knew nothing of the sex cave when she agreed to the trade to Anaheim.

 
At 10:23 PM, September 10, 2008, Anonymous sv said...

Well I can't speak for the rest of the readership here, but I have a problem managing my time. I can, however read.

 
At 11:14 PM, September 10, 2008, Anonymous Anonymous said...

No wonder Teemu wants to play for Ducks. Montreal could offer Chez Paree but they can beat The Cave.

 
At 2:11 AM, September 11, 2008, Blogger Bill Needle said...

So that's what the Ducks skate out of when they make their entrance before the game.

 
At 7:26 AM, September 11, 2008, Blogger Whale4ever said...

Can this get any more bizarre? Then again, he did buy a pro team named "The Mighty Ducks of Anaheim".

 
At 8:18 AM, September 11, 2008, Anonymous Anonymous said...

Now I know why fate has never conspired to make me incredibly rich.

I'm not even close to being strange enough. :)

 
At 9:56 AM, September 11, 2008, Blogger Daniel said...

Samueli should be in jail for sure, especially after trying to buy his way out of it. When the judge said that justice isn't for sale, god damn right, make an example. And even so, I think his offer was like $12m. He spent that much on the Ducks after party at his house when they won it all 2 years ago.

As for Nichols...you just chalk that up to being rich. Look at rock stars, you think that is any different? It isn't right, but just because he isn't on stage playing guitar, doesn't mean this is so shocking.

 
At 6:05 PM, September 11, 2008, Anonymous Motorokr said...

so what seems to be the problem?

 
At 6:22 PM, September 11, 2008, Blogger The Gate To The Groin For Yannick Bertrand said...

THIS JUST IN: Henry Samueli has sex with Tim Benjamin in Gatsby's Duck Cave!

/I is good at reader-ing

 
At 6:41 PM, September 11, 2008, Blogger Valerie said...

This has got to be one of the funniest (read strangest) stories and set of comments I have read in a very long time. You'd have to be wrecked to make this stuff up.

Made my day.

 
At 8:41 AM, September 12, 2008, Blogger diddy said...

If I had a lot of extra money I always thought I'd do what the Minnesota Vikings did and have a big party on my very own sex boat. But now I think I'd rather just have a sex cave. It sounds cooler.

 
At 4:09 PM, September 12, 2008, Blogger J. Michael Neal said...

Does the pole he slides down to get to the sex cave have life-like veins?

 

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