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***mandy*** · 10-23-2005, 03:54 PM,

Quote:American Express is suing the CEO of a communications company for payment of $241,000 worth of disputed credit card charges at a Manhattan topless club.

American Express says in papers filed in state court that Savvis Chief Executive Robert McCormick was in the club Scores in October 2003 with at least three other men.

...The communications company said its chief disputed all but about $20,000, according to the lawsuit.

..."high rollers" visiting Scores' "super elite Presidents' Club" spend thousands of dollars on single bottles of champagne and tip strippers as much as $10,000 for lap dances and for spending time with them.

complete article: http://www.usatoday.com/money/industries...suit_x.htm

In related news, obviously too much time spent with lap dancers and not enough time spent running his biz:

Quote:Savvis Inc. narrowed its third-quarter loss to $13.7 million from $32.9 million in the same quarter last year, it said Thursday.

Revenue dropped about 2 percent to $166.1 million

full article: http://www.bizjournals.com/stlouis/stori...from_rss=1

Nat · 10-23-2005, 06:22 PM,

$10,000 for a lap dance? Wow! :blinkie:

***mandy*** · 11-24-2005, 12:28 PM,

Make that ex-CEO. He resigned yesterday.

Quote:Savvis Inc. said it has accepted the resignation of Chairman and Chief Executive Robert McCormick, who was accused of being two years late in paying $241,000 (140,000 pounds) of charges incurred at a Manhattan strip club.

full article: http://today.reuters.co.uk/news/newsArticle.aspx?type=oddlyEnoughNews&storyID=2005-11-24T063629Z_01_KWA423746_RTRIDST_0_OUKOE-UK-SAVVIS.XML&archived=False