A round-up of biggest losers of the week, click here to see the winners.
Kenneth Starr: The downfall of A-list financial adviser Kenneth Starr and his $30 million dollar ponzi scheme defrauding some of Hollywood's biggest players have been well documented on these pages. But one detail might have fallen through the cracks in the whirlwind of media attention, from the NY Times: "When Mr. Starr, 66, was arrested Thursday morning, he was found hiding in a closet, betrayed when agents spotted his shoes under the door."
Winners do not hide in closets.
Shepard Fairey: While one might take an AP report lauding its imminent victory in the legal battle with Shepard Fairey with a grain of salt, it is hard to be too optimistic for the artist's prospects when the judge says things like ""I have a feeling ... that whether it's sooner or later, The Associated Press is going to win."
Harvey Weinstein: After months of negotiations, the Weinstein brothers' attempt to regain control of Miramax fell apart this week. According to The Wrap, "the deal collapsed when Ron Burkle, who was to finance the Weinsteins' deal, lowered his offer at the last minute: after weeks of due diligence with dozens of lawyers, Burkle cut his $625 million offer on Thursday to $565 million, claiming that Disney's documentation of Miramax revenues did not support the agreed-upon price."
According to The Wrap's account, Burkle and the Weinsteins found out the deal had been terminated upon reading it in the Wall Street Journal. Ouch.
Yonni Sebbag and Bonnie Hoxie You would think the last people that would dare to mess with a company like Disney would be actual Disney employees. But were it not for criminal masterminds like this couple, we would only have a "winners" page each week, and what fun would that be?
Hoxie, an assistant to a top Disney executive, and her boyfriend Yonni Sebbag were caught tying to sell inside information on Disney to 30 hedge funds. They were almost immediately apprehended, and In the process became a laughing stock for what the WSJ called a "ham handed" scheme.