In all my long years in the ad biz I’ve met some pretty bent characters and plenty of fucked up agencies, but the AdScam Golden Dildo Award goes to fucked up holding company, MDC and its evil ex-CEO, Miles Nadal, who failed to disclose personal benefits the company paid on his behalf such as private aircraft usage, club memberships, cosmetic surgery, yacht and sports car expenses, jewelry, charitable donations, pet care, and personal travel expenses. He paid back $20 million to the company, but kept his collection of yachts, racing cars and Transylvanian hookers. Scott L. Kauffman, who succeed Nadal as CEO of MDC stated “We are extremely pleased to have concluded the SEC investigation. I am particularly gratified that the SEC formally acknowledged MDC’s high level of cooperation, our in-depth internal investigation conducted by the Company’s Special Committee with outside counsel, and our self-initiated remedial measures.” Oh well, fucking right Scott, you may try and make it sound like you’re a bunch of angels… But we all know, you’re scum sucking douchenozzles!
Thank God I was always perfect!