Comments on: Nails Goes to Wall Street

Nails Goes to Wall Street

reenum — Tue, 27 Oct 2009 10:54:21 -0800

Lenny Dykstra was lauded for his heroics with the Mets and Philles. After his career, Dykstra became well-known as a post-career athlete success story. Then the truth started coming out...

Dykstra's post career exploits included making stock picks and starting a high end magazine targeted towards athletes. Then, in April of this year, it all came crashing down. In separate articles from GQ and ESPN, Dykstra's financial empire was revealed to be a house of cards. Dykstra subsequently filed bankruptcy in July. For a copy of Lenny's petition, you can go here (Warning: This link is a PDF). Lenny only sees these events as a minor speedbump, and promises to be back on top in no time.

By: absalom

absalom — Tue, 27 Oct 2009 11:06:46 -0800

I remember a daily show segment about this guy. Hard to feel bad for him, or the people dumb enough to invest money with him.

By: Zambrano

Zambrano — Tue, 27 Oct 2009 11:07:46 -0800

We were having dinner one night in Greenwich and we saw him getting out of a Maybach. That was two summers ago. We speculated right then and there that he had some kind of scam going.

By: glaucon

glaucon — Tue, 27 Oct 2009 11:09:04 -0800

i feel bad for him. the steroids have ruined his mind. his humors are running around unchecked inside of his body. perhaps his blood sedimentation is off! in a strange mood today. i don't know what the hell is wrong with this guy, but he's an ass.

By: Zonker

Zonker — Tue, 27 Oct 2009 11:10:38 -0800

From the ESPN article: CNBC personality Jim "Mad Money" Cramer hypes him as a stock guru. So you can't say that there weren't warning signs.

By: Horace Rumpole

Horace Rumpole — Tue, 27 Oct 2009 11:12:12 -0800

Dykstra, previously.

By: ghiacursed

ghiacursed — Tue, 27 Oct 2009 11:13:24 -0800

Dykstra's Shortest Path to Bankruptcy Algorithm (Sorry.)

By: wendell

wendell — Tue, 27 Oct 2009 11:14:17 -0800

Bad investments? Probably came from years working with people who tried to make money owning a baseball franchise.

By: deanc

deanc — Tue, 27 Oct 2009 11:14:19 -0800

He found the shortest path from wealth to bankruptcy.

By: callmejay

callmejay — Tue, 27 Oct 2009 11:22:44 -0800

(Referent of shortest path jokes for non-computer science people.)

By: nightwood

nightwood — Tue, 27 Oct 2009 11:31:17 -0800

The daily show's piece on Lenny.

By: Halloween Jack

Halloween Jack — Tue, 27 Oct 2009 11:35:01 -0800

Having someone help other pro athletes out with their financial planning, who understands their perspective and their needs, is a great idea. Problem is, it's not a great idea to leave that to Dykstra, who comes off as what you might expect if Mike Tyson took an especially hard shot to the temple and woke up thinking that he was Warren Buffett.

By: gladly

gladly — Tue, 27 Oct 2009 11:40:27 -0800

The LA Times blog found a video from Tokyo TV about pawnshops in the U.S., and Dykstra walks in to pawn his 1986 World Series ring. I hate to admit it, but I felt a tiny bit bad for him.

By: dbmcd

dbmcd — Tue, 27 Oct 2009 11:54:00 -0800

Heh. Reminds me of a saying in the 70's in Telluride "The shortest way to get a million dollars here? Start with two million dollars..."

By: total warfare frown

total warfare frown — Tue, 27 Oct 2009 12:14:08 -0800

I remember watching a game between the Cardinals and the Phillies on TV back in the early 90s with my dad (we're both St. Louis fans). Dykstra had just made some inhuman grab in center field to end the inning. After the commercial break, the camera cut to the dugout, where he was simultaneously cramming a fist-sized wad of chew into his mouth and turbo-smoking a Kool. There was an awkward silence, and then one of the announcers muttered something about smoking being bad for you. I don't think I've heard my dad laugh that hard since. Anyway, I always liked Dykstra. As a ballplayer, that is. I'd sooner fold every one of my dollar bills into origami party guests and set them on fire for my Towering Inferno reenactment than give any of them to something called "Nails Investing."

By: pianomover

pianomover — Tue, 27 Oct 2009 12:32:44 -0800

The philly.com is worth reading for just this name: anaesthesiologist Dr. Festus Dada.

By: pianomover

pianomover — Tue, 27 Oct 2009 12:33:21 -0800

The philly.com article is worth reading for just this name: anaesthesiologist Dr. Festus Dada.

By: languagehat

languagehat — Tue, 27 Oct 2009 12:47:03 -0800

NAILS! Also, what total warfare frown said about feelings re ballplayer/investor.

By: fixedgear

fixedgear — Tue, 27 Oct 2009 13:27:39 -0800

Man, I remember the glory days of him and Dutch Dalton, getting hammered, wrecking Porsches...those were the days.

By: mrgrimm

mrgrimm — Tue, 27 Oct 2009 13:49:49 -0800

I coulda sworn Nails had been posted before, but yeah, maybe it was just the Daily Show clip...

By: Doohickie

Doohickie — Tue, 27 Oct 2009 22:20:24 -0800

LEAVE LENNY ALOOOOOOOOONE!!!11!!

By: phaedon

phaedon — Tue, 27 Oct 2009 23:50:15 -0800

Still.. ain't got shit on Madoff.

By: IvoShandor

IvoShandor — Fri, 30 Oct 2009 03:25:39 -0800

You Think Your Job Sucks? Try Working for Lenny Dykstra, from April 09.