Jump to content
Can Imanaga keep rolling against the Phils? Join our game thread! ×
North Side Baseball

Chicago Sports Webio

Wilson A2000

By Wilson A2000,
in Other Sports

 Share
David GOAT

David

Old-Timey Member
Posted
Posted

I think MacNeil was making upwards of 600-700k at ESPN, but I'm not sure anyone else comes close.

 

I'm sure Boers and Bernstein make a nice chunk of change, but not 7 figures.

  • Replies 74
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Banedon GOAT

Banedon

Community Moderator
Posted
Posted
Oh my God how are you guys still arguing the shrewd/marketable/luck angle? It's not going anywhere.

 

Not since around 3:00 yesterday...thanks for bringing it up again.

Banedon GOAT

Banedon

Community Moderator
Posted
Posted
There's a boat load of shrewd business men/woman who got involved with Bernard Madoff...

 

That's not really comparable.

 

Looks more comparable than you may have initially thought.

 

Mike North's business partner in a new Internet sports-talk station in Chicago is a convicted felon who has filed for bankruptcy three times and now faces civil charges of running a Ponzi scheme.

 

The complaint said Hernandez, 48, of Downers Grove, raised more than $11 million from investors in at least 12 states.

 

The SEC paints another picture. The agency said Hernandez lied numerous times about himself, about his companies and the nature of the investment.

 

He told investors that NextStep Financial invested in consumer payday loans, which sometimes carry very high interest rates, the lawsuit said. Instead he diverted the funds to other companies he controlled, the SEC said.

 

One of those companies was Spectrum Entertainment.

 

Chicago Sports Webio debuted earlier this year with media fanfare and what appeared to be a sizable financial commitment by Hernandez. The SEC charges that Hernandez spent at least $275,000 of investor funds to pay for advertising and promotion of the Web site and another company he controlled, NextStep Medical. He also diverted at least $165,500 of investor funds to Spectrum's bank accounts, the complaint said.

 

Hernandez also diverted about $500,000 for his and wife's personal use, the complaint said. He bought an Audi Quattro car for $25,879, a $16,674 Steinway piano and $34,000 in jewelry from Tiffany's. He also spent $23,000 for a holiday party at the Ritz-Carlton in Chicago in December. He also paid off a $318,000 mortgage on his Downers Grove residence.

 

http://www.chicagotribune.com/business/chi-sec-chicago-sports-webio-jun15,0,4162544.story

Smack Myrtle Beach Pelicans

Smack

Old-Timey Member
Posted
Posted
I know this is off-topic but it's Chicago sports radio related and I didn't want to start a new thread. I was just at lunch and Waddle & Silvy cut into a Bruce Levine segment to discuss news about Brandon Marshall. They cut back over to Levine who didn't know he was on the air in time to hear Levine bitching about not getting his intro music and the fact that he was only going to get a 3-minute segment. He was then a jerk to Silvy who just hung up on him. All on the air, it was hilarious.
Wilson A2000 South Bend Cubs

Wilson A2000

Old-Timey Member
Posted
  • Author
Posted
Chicago Sports Webio is officially off the air

 

Thank the Lord.

 

Does that mean the stupid Monsters whatever show is also off Comcast?

 

No, but David Hernandez's Next Step Staffing Solutions was the main sponsor for Monsters in the Morning so who knows what will happen.

 

Among the public service announcements that ran in place of paid ads in the final hour before Chicago Sports Webio shut down Tuesday was one urging vigilance for fraud.

 

"If you're a victim, reporting the con to the public authorities will prevent others from suffering the same fate," it said. "To learn more about how to keep your family safe from con artists and scams, visit ncpc.org."

 

http://www.chicagotribune.com/business/columnists/chi-wed-phil-0617jun17,0,2825222.column

 

Wow!

Banedon GOAT

Banedon

Community Moderator
Posted
Posted
This is the top story on Foxnews.com right now.

 

That Monsters has gone away and sportsrise has returned?

 

Ha. The David Hernandez missing thing.

 

Though I'm sure they'll break into Iran coverage to cover the Monsters/Sportsrise change should it occur.

stuy119 ACL Cubs

stuy119

Verified Member
Posted
Posted
FBI issued an arrest warrant for Hernandez today on charges of mail fraud.

 

He was found today in Normal, IL and is being transported back to Chicago.

Soul MVP

Soul

Old-Timey Member
Posted
Posted
FBI issued an arrest warrant for Hernandez today on charges of mail fraud.

 

He was found today in Normal, IL and is being transported back to Chicago.

 

Well, he lasted the weekend anyway.

 

He took off South and Bloomington/Normal is as far as he could get? =D>

Keener98 Knoxville Smokies

Keener98

Old-Timey Member
Posted
Posted
According to the news, he was found in a hotel room with "self inflicted injuries" and is in the hospital right now untill he is well enough to be let go to the FBI.
UK1679666180 Knoxville Smokies

UK1679666180

Verified Member
Posted
Posted
Woo! Go Normal!

 

A string of shootings in Bloomington over the weekend, and now this. We're gettin on that map!

 

I've stayed right next to that hotel many times.

Banedon GOAT

Banedon

Community Moderator
Posted
Posted
Woo! Go Normal!

 

A string of shootings in Bloomington over the weekend, and now this. We're gettin on that map!

 

I've stayed right next to that hotel many times.

 

Ahh...the local paper didn't name the hotel...it just said north Normal. Found it in the Trib. There's a few hotels right around that area.

David GOAT

David

Old-Timey Member
Posted
Posted
According to the news, he was found in a hotel room with "self inflicted injuries" and is in the hospital right now untill he is well enough to be let go to the FBI.

 

 

Probably went across the road instead of down the river.

C.C. Chicago Cubs

C.C.

Old-Timey Member
Posted
Posted
According to the news, he was found in a hotel room with "self inflicted injuries" and is in the hospital right now untill he is well enough to be let go to the FBI.

 

 

Probably went across the road instead of down the river.

 

Sounds like it. Couldn't even get that right.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing
The North Side Baseball Caretaker Fund
The North Side Baseball Caretaker Fund

You all care about this site. The next step is caring for it. We’re asking you to caretake this site so it can remain the premier Cubs community on the internet. Included with caretaking is ad-free browsing of North Side Baseball.

Become a Caretaker

  • Member Statistics

    6,793
    Total Members
    13,056
    Most Online
    Kevin OBrien
    Newest Member
    Kevin OBrien
    Joined
×
×
  • Create New...