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$200,000 Coming Out Party

Discussion in 'Other Off Topic Forum' started by teak360, Dec 11, 2005.

  1. teak360

    teak360 F1 Veteran
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    Nov 3, 2003
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    A thing on the news yesterday: Parents spending huge money on kid's parties. The one featured was a "Coming out party" for a girl turning 13 years old. It had rappers, a pop singer and a singing transvestite for Chris' sakes.
    The tab for the party was 200K!
    What the hell is the matter with these parents!
     
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  3. bottomline

    bottomline Formula 3

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  4. WILLIAM H

    WILLIAM H Three Time F1 World Champ

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    thats lame, transvetites are ok for a 13 yr old but strippers arent ? where the logic in that ?

    Whats wrong w a trip to Disneyland ?
     
  5. bobafett

    bobafett F1 Veteran

    Sep 28, 2002
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    This has nothing to do with the DCA bat-mitzvah on the east coast where the guy spent over 10MM on the whole thing with Aerosmith, 50 Cent, etc. does it?

    --Dan
     
  6. darth550

    darth550 Five Time F1 World Champ
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    Anyone can go to Disneyland! ;)
     
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  8. teak360

    teak360 F1 Veteran
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    It was on CNN. It's important now among the nnouveau-riche in New York to spend hundreds of thousand of dollars on your teenager's party.
     
  9. Alex_Grim

    Alex_Grim Formula Junior

    Jan 30, 2004
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    Dan,
    i agree with you. i think that it is the same thing. Eeverything sounds the same in both stories. Someone got their facts mixed.
     
  10. Westworld

    Westworld Two Time F1 World Champ
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    I saw that. Was at some hotel. The girl sounded like such a brat. The sister sounded pretty grounded. The mom dressed like she was in college/early 20's. I am amazed at how much money these people truly have. Are they really that wealthy?
     
  11. bobafett

    bobafett F1 Veteran

    Sep 28, 2002
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    Alex: i found this elsewhere. Here are more details:

    --Dan
     
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  13. judge4re

    judge4re F1 World Champ

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    Hmm, DHB Industries is publicly traded. AMEX DHB.

    Anyone own stock in it and want to look to see how the corporate jet was paid for?
     
  14. ylshih

    ylshih Global Moderator
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    Mar 21, 2004
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    Ii was just thinking maybe it's time to short DHB specifically and defense contractors in general...

    Edit: But maybe I'm too late (I see the stock's tanked big already over the last year) ...

    DHB: Shades of Tyco?
     
  15. judge4re

    judge4re F1 World Champ

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    One last hurrah before their world comes crashing down?
     
  16. bobafett

    bobafett F1 Veteran

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    DHB himself reportedly cleared north of 90MM last year.

    --Dan
     
  17. ylshih

    ylshih Global Moderator
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    The Motley Fool article says "Brooks reported to the SEC that he had sold off $186 million worth of stock" last year! So $90 million might be net after taxes and subtracting his basis. He still holds 3M+ shares according to Yahoo and the article further says he has warrants for another 5M shares at $1 a share.
     
  18. ROGUE GTS

    ROGUE GTS Formula Junior

    May 24, 2004
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    Sheesh thats just completely nuts, I've attended a couple $50k ish bat-mitvas and thought that was a little silly.


    Then again if I had a $90mm/yr income and was ceo of a billion dollar company I probably wouldn't give 2 ****s either.
     
  19. WILLIAM H

    WILLIAM H Three Time F1 World Champ

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    I'm taking my nephew for a naughty trip to Buenos Aires when he turns 18. You think he'l have more fun than that girl did? ;)
     
  20. Napolis

    Napolis Three Time F1 World Champ
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    Bill

    Remember to drive safely.

    Best
     
  21. bottomline

    bottomline Formula 3

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    The reason I asked is because there's a show called 'Sweet 16' or something like that on MTV. I can ensure, with the utmost certainty, that it is just as or even more obnoxious. ;)
     
  22. Bill Sawyer

    Bill Sawyer Formula 3

    Feb 26, 2002
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    It looks like I'm going to have to raise the budget for our dog's birthday party...
     
  23. Westworld

    Westworld Two Time F1 World Champ
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    Looked at Forbes, still holds $70-million in stock.
     
  24. Alex_Grim

    Alex_Grim Formula Junior

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    Dan,
    Thanks for the further information on the party. NPR seems to be wrong. ::tear:: Sounds like she is alitttle too spoiled...
    Alex
     
  25. Ferrari0324

    Ferrari0324 F1 Rookie

    Mar 20, 2004
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    Those are the most spoiled brats I've ever seen on Sweet 16.

    Society as a whole has become obsessed with the ultra rich.
     
  26. teeoh2xd

    teeoh2xd Rookie

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    I personally can not imagine have that kind of money spent on my birthday. Pointless, and MTV is nothing but a bunch of garbage anymore!
     
  27. amenasce

    amenasce Two Time F1 World Champ
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    Well MAzel Tov !

    Anybody got her phone number ? I will prob be free in 5 years ! :D
     
  28. Gilles27

    Gilles27 F1 World Champ

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    They also said that his company is being investigated by the SEC, I believe.
     

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