Henry Nicholas, Party Animal?

6:00 PM -- First day back from vacation, it's always good trolling the news gone by. Bookham got a CEO, check. Yipes got acquired, interesting. Google bought another company, yawn.

And then, from yesterday's L.A. Times, comes this:
    Billionaire sought secret lair for sex, drugs, complaint says

    Flush with wealth from Broadcom Corp.'s 1998 public stock offering, computer chip magnate Henry T. Nicholas III made a few additions to his equestrian estate in Laguna Hills: hidden doors and secret levers, an underground grotto, tunnels and a 2,000-square-foot sports bar he called "Nick's Cafe."

    But there was more, according to a claim made in court documents: plans for a "secret and convenient lair" with hidden entries for Nicholas to indulge his "manic obsession with prostitutes" and "addiction to cocaine and Ecstasy."

You'll recall Nicholas left Broadcom in 2003 for what he said were personal issues related to his marriage and family. Building a secret underground lair for sex and drugs -- yeah, that might count as issues. The report isn't clear on the timing, but apparently Nicholas's wife discovered the lair by accident while it was in use -- another helpful nudge on the way to divorce.

Nicholas, by the way, denies everything and points out to the L.A. Times that he's been "recognized by authorities for his efforts to boost law enforcement."

On the plus side for Broadcom, this takes everyone's minds off of stock options.

— Craig Matsumoto, West Coast Editor, Light Reading

Stevery 12/5/2012 | 3:05:12 PM
re: Henry Nicholas, Party Animal?
Now that's the LR I know and love!

Regarding the article: That has to be the best distraction from options possible. Let's see, the journalists are going to report on

(a) minutiae of options-pricing, black-scholes etc.,or
(b) sex AND drugs.

Way to go henry! Wish I'd thought of it myself.
deauxfaux 12/5/2012 | 3:05:10 PM
re: Henry Nicholas, Party Animal? 5) Honest Sweetie, its just a very serious gopher problem
4) I'm just recreating the catacombs of Rome to help the kids out with their school work
3) My buddy Michael Vick needs a place to build NewportNewz West
2) Hey, I'm just trying keep the "coyotes" from taking advantage of the illegal immigrants by building a safe tunnel to Tijuana
1) We're just building the sets for Dr. Evil's lair for "Austin Powers 4"
Sign In