Leonard Cohen Broke
Leonard Cohen is broke, according to a story in Canadian magazine Macleans.
In June, Boulder, Colo.-based Neal Greenberg, Cohen's investment adviser of almost a decade, launched a hyperbole-laden claim in Colorado against Cohen, who lives in both Los Angeles and Montreal. The suit accuses Kelley Lynch, who was Cohen's manager and is also named in the suit, of siphoning money from the songwriter. It also accuses Cohen and his lawyer Robert Kory of conspiracy, extortion and defamation. It alleges the two, in an attempt to recover at least some of Cohen's lost money, threatened to besmirch Greenberg's reputation and concocted a plan to force Greenberg to give Cohen millions of dollars.The suit paints an almost preposterous picture of Cohen as an artist who led a lavish celebrity lifestyle and then turned bitter and vindictive when he discovered the money had run out. For example, the suit quotes Lynch describing how Cohen demanded she discuss business matters while he soaked in a bubble bath, and how later he was somehow involved in calling a SWAT team to her home, where she was handcuffed and forcibly taken to a psychiatric ward while in her bathing suit.
But also:
One missive, sent July 17 and obtained by Maclean's, invites Greenberg in highly explicit terms to Lynch's home for an evening of tantric sex. "First I want to study the inner channels with you," it says. "Why not -- let's see who is better at tantric sex -- you or me."
Obviously, Sting is better at tantric sex than both of them.
Link via Boing Boing.
Posted at 3:30 PM
Whoa, what a mess. I actually read the ENTIRE linked MacLean's article.
Basically, how I see it after reading the article, and I have a bit of a background in acctng mind you, Kelley Lynch was allegedly taking funds from Cohen.
However that may or may not be true, as Lynch denies everything and is currently suicidal and seems to be on the verge of a nervous breakdown.
Meanwhile, the banker Greenberg, is worried about his reputation, and though he and Cohen sort of worked things out, Greenberg jumped the gun and filed a lawsuit.
Cohen for his part claims that Greenberg never emailed him personally about the lack of funds in his retirement acct.
Also, Cohen has lived a very lavish lifestyle.
Addendum: I doubt he would ever be broke. He still owns a place in Montreal, a duplex in LA, and his daughter lives in it, as well as she runs a furniture store at the bottom of it.
w/e.
Rich people. You can't figure them out and they have all kinds of problems. Plus they always say they're poor, when they're not.
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didn't chromewaves, rock snob, et al. report this a month ago?
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who gives a F*#K
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Maybe he can get some advice from Mr T on life after wealth.
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