Monday, April 13, 2009

Courtney Love wants her money back

Courtney Love is about to start the massive task of getting back the millions of dollars she reckons have been stolen from her. The money Kurt earned, obviously. Her lawyer is already busily overselling the case to any gossip column in the US with a vague grasp of contempt of court:

"I have never seen such greed and moral turpitude. This case is going to make Bernard Madoff look warm and fuzzy," Love's lawyer, Rhonda J. Holmes, of Gordon & Holmes in San Diego, told Page Six.

"We will be filing civil cases . . . within the next 30 days. There are many, many millions missing. We've only been able to track down $30 million, but there is more. And then there is the real estate."

Civil cases? But surely, m'learned friend, if this moral turpitude at its most, uh, turpitudinous, shouldn't the boys in blue be involved? First, obviously?

This isn't, of course, about the money. It's the principle. Indeed, Holmes has already pledged the real estate to a good cause:
"There is now a web of homes which were bought, flipped and used to launder money -- up to $500 million worth," Holmes said. "Any of the property we can get back will be donated to people who have lost their homes in foreclosures."

How's that going to work, then? In February alone, there were over a quarter of a million foreclosures. Either those homes have got a shit load of bathrooms, or it's going to get quite crowded each morning in them.

And, since the people buying the alleged money-laundering flipped houses are, themselves, presumably victims in this mess, is it really a good deed to kick them out just to install some other innocent victims in there? Isn't trying to somehow confuse Love's dereliction of her own duty with the financial crisis in the US a somewhat cynical move?

The big question, of course, does come back to 'shouldn't Courtney have noticed all this going on'? Do you have an explanation, Mr. Holmes:
"Courtney noticed the money was gone when there wasn't any left. It's no secret she struggled with substance-abuse issues, but in the last year she's taken a more serious approach to sobriety and started noticing things were wrong. She hired private investigators, accountants and me."

Regular readers of Courtney's MySpace and Twitter accounts will have seen the last year's worth of a more serious, sober Courtney, and can only wonder at what the years previous to that must have been like.

But, yes, the authorities will get involved, eventually:
"We are also working with local and federal authorities," Holmes said. "When Mr. Cobain died in 1994, he left his enormously wealthy estate behind for the benefit of his mother, two sisters, a brother, his wife and young daughter. Many of those [involved with] the estate's coffers mismanaged, stole and outright looted it shamelessly."

And, you know, you can let that sort of thing go on for fifteen years, but sooner or later you've just got to know when to say when, right?