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Thread: I knight thee Honorary Maggot of the hooker and blow order.

  1. #1
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    I knight thee; Honorary Maggot of the hooker and blow order.

    Billionaire Drug Bust
    Broadcom's co-founder charged in tawdry narcotics indictment

    JUNE 5--A technology billionaire was a drug fiend who trafficked in cocaine, Ecstasy, and methamphetamine, spiked the drinks of business associates and employees, hired prostitutes for himself and others, and maintained several narcotics dens, including one in an underground lair at his Los Angeles mansion, prosecutors charge. In a remarkable federal indictment unsealed today in Los Angeles, Broadcom co-founder Henry T. Nicholas III is portrayed as an out-of-control wild man who scored drug caches for Super Bowl parties and rock festivals and had his dealer invoice him for these illicit purchases. A copy of the felony drug conspiracy indictment against Nicholas, who is reportedly worth about $2 billion, can be found below. The 48-year-old Nicholas, who was charged with securities fraud in a separate U.S. District Court case, allegedly "used threats of physical violence and death and payments of money to attempt to conceal his unlawful conduct," according to the indictment. Prosecutors allege that, in June 2002, Nicholas and Broadcom entered into a $1 million settlement agreement with an employee who was aware of the executive's "unlawful narcotics activity." The hefty payout, which Broadcom covered, contractually prevented the employee from speaking about Nicholas's drug abuse. The billionaire apparently did little to conceal his drug transactions. On one occasion, in the lobby of Broadcom's southern California headquarters, he directed an employee to provide cash to a courier "in exchange for an envelope containing controlled substances," the indictment charges. On a drug-fueled 2001 private plane flight--during which Nicholas allegedly used and distributed narcotics--the pilot was forced to don an oxygen mask due to the "marijuana smoke and fumes." According to a March 2008 Forbes story, Nicholas, with an estimated net worth of $1.8 billion, is ranked 677 on the list of the world's wealthiest individuals.
    Last edited by Cono Este; 06-06-2008 at 01:50 AM.

  2. #2
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    If some of the best times of my life were skiing the UP in -40 wind chill with nothing but jeans, cotton long johns and a wine flask to keep warm while sleeping in the back of my dad's van... does that make me old school?

    "REHAB SAVAGE, REHAB!!!"

  3. #3
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    Dr. Nicholas received a B.S. degree in Electrical Engineering from the University of California, Los Angeles, after having attended the United States Air Force Academy previously and then both a Masters Degree and Ph.d. in Electrical Engineering from UCLA. It was at UCLA that Dr. Nicholas met Dr. Henry Samueli, his future partner.


    [edit] Broadcom
    After graduating from UCLA in 1987, Dr. Nicholas worked at TRW in Redondo Beach, then went to PairGain Technologies in Cerritos, California, where he was director of Microelectronics. Dr. Henry T. Nicholas left PairGain, which was later acquired by ADC Telecommunications, to co-find his own endeavor, Broadcom Corporation in 1991, where he served as President and Chief Executive Officer.[3].

    With partner Dr. Henry Samueli, they developed wireless technology. Today, Broadcom makes semiconductors for wired and wireless communications enabling the networking of voice, video and data services.

    He was known to enforce a dress code throughout the company, requiring employees to don business attire, unlike more relaxed Silicon Valley workplaces. [4]

    He resigned from Broadcom as CEO to tend to his divorce, explaining that his resignation "was driven entirely by personal issues related to family separation and divorce." [5]


    [edit] Professional Achievements
    Dr. Nicholas is a Distinguished Adjunct Professor of Biomedical Engineering and Electrical Engineering and Computer Science at the University of California, Irvine and is an ambassador of The UCI Foundation[6]. He has been the recipient of the Orange County Titan Award, the Ernst & Young Entrepreneur of the Year award for Electronics, was named as one of the Top 20 Entrepreneurs by Red Herring magazine and one of the World’s Top 50 Cyber Elite by Time Digital Magazine.


    [edit] Philanthropic Efforts
    In 1983, while he was in graduate school, his sister, Marsalee (“Marsy”), was brutally murdered[7]. Since that day, he has been an advocate for criminal justice and with a focus on the rights of victims. The Henry T. Nicholas, III, Foundation, focuses on improving the quality of life through investments in education, youth sports, medicine, technology, law enforcement and national defense[8].

  4. #4
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    Photoshop anyone?


  5. #5
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    But can he ski?
    Montani Semper Liberi

  6. #6
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    Quote Originally Posted by Cono Este View Post
    and maintained several narcotics dens, including one in an underground lair at his Los Angeles mansion
    He like a stoned Batman. This guy sounds like he knows how to party.
    People should learn endurance; they should learn to endure the discomforts of heat and cold, hunger and thirst; they should learn to be patient when receiving abuse and scorn; for it is the practice of endurance that quenches the fire of worldly passions which is burning up their bodies.
    --Buddha

    *))
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    www.skiclinics.com

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