Monday, January 14, 2008

I'm interested in sports too

In the six days since news broke that Axium, payroll company to a number of Hollywood studios, ceased operations after declaring emergency Chapter 7 bankruptcy, we have received countless tips about the company's spotty business practices over the last six months or so. Many of the tips revolved around John Visconti, one of the firm's principal owners and a former chair and CEO of the company. He sounds like a real peach! His CV is full of bizarre fun facts allegations like this: there's a possibility that Visconti isn't his real last name (still digging on that one) and that he used to have bullet proof glass in his office on Wilshire. More goodies, including a handy cheat sheet of the events that led to the company's demise and loss of up to $500 million in liabilities! Can you believe that malarkey!?

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