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BBC 2009 - The Legion of Doom
Billionaire Boys Club (BBC) is a closed-end, non-diversified management investment company that operates as a business development company. The Company's investment objective is to achieve current income and capital gains. The Company is engaged in private equity business. The Company primarily invests in debt and equity securities of private companies in a variety of industries. From time to... more
Billionaire Boys Club (BBC) is a closed-end, non-diversified management investment company that operates as a business development company. The Company's investment objective is to achieve current income and capital gains. The Company is engaged in private equity business. The Company primarily invests in debt and equity securities of private companies in a variety of industries. From time to time, it may invest in companies that are public but lack access to additional public capital. At December 31, 2008, the Company's private finance portfolio included investments in 138 companies with 863,000.00 in losses. In addition to managing its own assets, the Company manages certain funds that also invest in the debt and equity securities of primarily private middle-market companies in a variety of industries. It may invest in the equity of these funds, along with other third parties. The Company is internally managed by Captain Dread Flint and Second Captain Mahdi Cashville, both of whom are bullheaded and ignorant and have no qualifications for operating an investment company.
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