Hi there, Going Concern faithful. How is everyone? Hanging in there? I hope so. So look. Bramwell and I realized the other day that you guys new to regular work from home (WFH) — which is pretty much most of you — might need some tips on how to stay sane. Not that either of […]
The trick to fraud is maintaining control. If you’re siphoning company funds into a bank account that you own through a dummy vendor, it’s key that you’re the person who approves those transactions and it’s even ideal if you can literally or figuratively cut the check. Yes, those are atrocious internal controls, but as we’ve documented […]
By now, surely you've heard the story of the poor 68-year-old bullied bus monitor in upstate New York whose story went viral in a matter of hours and tugged at the heartstrings of people from around the world. Karen Klein's tale is reaching the 14 minute mark with over $600,000 in donations piling up and […]
Last month we mentioned that while we enjoy her genius, we wouldn’t want to be of Lady Gaga’s accountant. She definitely falls into the “clients that make you want to jump out the window” bucket.
Likewise, if we had our choice of clients, we wouldn’t be chasing down burlesque artists that marry rock stars, in this case, Dita von Teese. Not because we don’t enjoy burlesque artists and the rock stars they love, quite the contrary actually; it’s just seems that the headaches associated with such a client would be more trouble than it would be worth.
Surprisingly, DVT takes money quite seriously and is not as slipshod as you might expect.
“I refuse to go to the hair salon and have a $300 hair dye job – I do it myself at home with an $8 dye kit… I’ve always been a saver…I saved at least 15[%] of everything I earned and invested it in mutual funds”
Jesus, talk about sensible. However there is this glimmer:
“I think nothing of spending $8,000 on a corset for my show. My accountant once said he couldn’t understand how I spent $70,000 on a single dress but then he came to my show and saw how lavish it was and told me afterwards that now he understood.”
Those are work related expenses though; count us unimpressed. We’re expecting Gaga-esque negligent wasting of money. Like seriously getting carried away.
“I bought [a Jaguar] one night on eBay for $35,000 when I’d had too much champagne.”
Yes. That’s the best she can offer. Plus, there’s this:
“I pay my [credit card] balances off every month.”
More sensible behavior. Doesn’t sound like she’d be that bad of a client at all. Hell, she probably even keeps all her receipts. L. Gaga’s accountant might consider asking her for some advice.