RUMOR MILL
Tuesday, May 30, 2000
GIACCHETTO PAYS $4 MILLION FOR PHISH FOOD
Jam Band Blows Windfall On Hemp Futures, Patchouli, Tie-Dying Supplies
Fallen financial whiz Dana Giacchetto has forked over a whopping $3.9 million to one former client, the rock band Phish.
Last month Giacchetto quietly signed a "confession of judgment" after the band sued him for roughly $5 million, which he'd invested for them and disappeared, reports Foxnews.com's Roger Friedman.
Even though some of Giacchetto's assets have been frozen by the SEC, Phish managed to recoup some of its losses by seizing pieces of Giacchetto's art collection from his Soho loft.
"I'm aware of the judgment, but I can't say anything more at this time," said Giacchetto's ironically named lawyer Ronald Fischetti.
No comment either that the band threaten to make Giacchetto and Fischetti sit through one of their four-hour jams if the money was not returned.
TAYLOR, SABRINA CROWN SPOTIFY'S WRAPPED 2024
Have you unwrapped your 2024 playlist? (12/5a)
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NOW WHAT?
We have no fucking idea.
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
WHO'S BUYING THE DRINKS?
That's what we'd like to know.
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DEAD & COMPANY SWING BACK TO SPHERErumor mail
