Hmmmm. The Bucks' owner Lasry can take solace in the NBA Champ ring. Otherwise, this year was NOT good.
Democrat Marc Lasry, the billionaire owner of the Milwaukee Bucks whose alleged ties to the Russian mob scuttled his chances of being named U.S. ambassador to France under former president Barack Obama, resigned as chairman of Ozy Media on Thursday.
The announcement came less than 48 hours after Lasry defended the company in a statement to the New York Times, which had exposed an apparent effort by Ozy executives to commit fraud by impersonating a YouTube executive in a meeting with potential investors at Goldman Sachs. "The board was made aware of the incident, and we fully support the way it was handled," Lasry said of Ozy's claim that the alleged fraud attempt was the result of an executive experiencing a "mental health crisis."
The billionaire hedge fund titan quickly changed his tune, suggesting that Ozy "requires experience in areas like crisis management and investigations, where I do not have particular expertise." He remains an investor in the company, along with Laurene Powell Jobs, the billionaire Apple widow....
Somehow, the Milwaukee Journal-Sentinel Pravda has not yet reported on this story.
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