Archive for May, 2005

Hot Vegas Nights

Whew. I got back from a business trip to Las Vegas recently and boy was it hot! I haven’t been in 100+ degree weather in a couple of years. I suppose this will toughen me up for when I play some outdoor vball tournaments here in 80+ degree weather.Hooray for three-day weekends!

Scarf Girl, signing off.

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Costume Wars

So with the release of the new Star Wars film, some diehard fans have been lining up for ages to be among the first to see the film. Then you’ve got the opening day costumes, which I imagine, consists of the popular characters.I was talking to J yesterday, and he commented on people dressing up, because I said I was tempted to walk by a theater and take pictures of the fans who’d be in line. Then he asked, “How come when people dress up as Princess Leia, they don’t wear the ‘Jabba the Hut’ outfit?”

Scarf Girl, signing off.

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Scandalous Working Past

So I used to work for this company that is STILL making headlines from scandalous account practices. Gosh, I’m SO proud…

Monday May 16, 5:17 pm ET

LOS ANGELES (Reuters) - The former CEO and a senior executive of once high-flying Internet company Homestore.com on Monday pleaded not guilty to charges of defrauding investors by inflating advertising revenue at the real estate firm.
Investigators claim former Chief Executive Stuart Wolff misrepresented the company’s true financial condition to Wall Street analysts and investors and used the Sept. 11, 2001 hijacks on the World Trade Center as a pretense for the firm’s decline.

Peter Tafeen, the former executive vice president of business development at the Westlake Village, California-based firm, is accused of orchestrating transactions in which Homestore recognized its own cash as revenue and hid the scheme from auditors. The company is now called Homestore Inc. (NasdaqNM:HOMS - News)

Wolff and Tafeen, who also face a civil lawsuit filed by the Securities and Exchange Commission, were indicted last month by a Los Angeles grand jury and each charged with 19 counts, including conspiracy to violate securities laws, insider trading, creating false records and lying to accountants.

More than a dozen former Homestore.com executives face civil and criminal penalties for what prosecutors say were “round trip” transactions in 2001 designed to inflate the company’s advertising revenue. Other criminal defendants have pleaded guilty and agreed to cooperate with the government.

Before the scheme was discovered, Wolff and Tafeen reaped millions of dollars in profits from sales of Homestore shares, according to prosecutors.

Merrill Lynch, which helped underwrite Homestore’s initial public offering, once touted the company — along with AOL, Yahoo, eBay and Amazon — as one of the top five or six most likely survivors of a dot-com shakeout.

Wolff and Tafeen could each face up to 185 years in prison if convicted on all criminal counts.

Scarf Girl, signing off.

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Village Peeps

Quick! Name all the members of the Village People… Let’s see: construction guy, police officer, native american dude, fireman.

That’s my answer, but I could’ve sworn there are 5 of em’. Hmm.. who is that fifth Village People guy?

Scarf Girl, signing off.

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Blocked Emails?

Has anybody else been getting a slew of junkmail along the lines of “your email has been blocked?” It’s quite annoying as it’s begun to creep into my work email as well.

Scarf Girl, signing off.

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Vegas Fun

Wow, I haven’t made a post in a while. Well, I made my semi-annual trip to Vegas for volleyball. It was a blast. The organizer was kind enough to group my team with my friends’ teams, so it was one gigantic competition amongst us.While my friends teased me for setting that up, they admitted that it was a lot of fun, and while we COULD organize something similar back here, it probably would never happen.

Everybody played with tremendous effort since we all wanted to win against each other. It’s all about the glory of winning… and then making fun of your friends afterwards. Good clean fun indeed.

Scarf Girl, signing off.

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