Friday, February 06, 2009

Wall Street madam: Wall Street CEOs, investment bankers charged prostitutes on corporate cards.

Wall street lawyers, investment bankers, CEOs and media executives often used corporate credit cards to pay for $2,000 an hour prostitutes, according to the madam who ran one of New York's biggest and most expensive escort services until it was busted last year.

But prosecutors in the Manhattan District Attorney's office chose not to pursue any of the corporate titans, says Kristin Davis, who pleaded guilty last year to charges of running a prostitution business that used more than a hundred women.
"They showed no interest," said Davis in an interview for broadcast Friday on the ABC News program 20/20.

"Some of these guys, I was invoicing on corporate credit cards," she said. "I was writing up monthly bills for computer consulting, construction expenses, all of these things, I was invoicing them monthly so they could get it by their accountants," Davis said.

A spokesperson said district attorney Robert Morgenthau had "no comment" on the handling of Davis' case or her allegations.

Davis provided ABC News with a print-out of her computerized client list, the same one she says that was offered to the district attorney.

The document shows Davis kept meticulous notes about her clients, their credit card numbers and mobile phone numbers.

The Clients

Among the names ABC News was able to confirm on the list:
a vice president of NBC Universal

the part owner of a Major League Baseball team who "loves Kelsey"

the CEO of one of the country's largest private equity firms who met "Cameron" at the Peninsula Hotel

a major New York real estate developer who, according to the list, "will come to the door wearing women's panties," and who spent nearly $100,000

a partner at the Wall Street law firm Cravath Swaine Moore "looking for a party girl to come fully equipped" and spent a total of $20,000

an investment banker from Lehman Brothers who saw "Kelsey and Keely together" and later saw "Aria and Skyler at the same time"

an investment banker at JP Morgan Securities who "loves Brooke" and spent $41,600

an investment banker at Goldman Sachs who "only wanted all-American girls" and spent $27,000

a managing director from Merrill Lynch who saw "Lana" using the name "Nataly"
a managing director from Deutsche Bank "who called about seeing Nataly again"

Read more on ABC.com.

On a side note: Davis says she has a list of 9,800 clients, many of whom she says New York prosecutors deliberately avoided when taking her case, even though she offered them her annotated client list.

Ms. Davis' name is familiar to me. I posted about Ms. Davis last year.

Read here.

Also, Davis was linked to an investigation into ex-blogger last year.

From Justice League blog:

The New York Police Department seeks to investigate ex-blogger Jessica Cutler after finding a link between Cutler and Manhattan madam Kristin "Billie" Davis of Wicked Models.

During the Wicked Models investigation, police found Cutler in a picture with Davis on Davis' MySpace page. The same picture was also on the Wicked Models website.

Cutler's blog The Washingtonienne received a lot of attention as Cutler described her trysts with married Bush officials while she was a mail clerk for then Sen. Mark DeWine (R-Ohio). The blog became a largely autobiographical novel.

Follow the link for more People News

1 comment:

airJackie said...

It's good to use taxpayers money for entertainment and they gave a bonus too. For all those who accused Jean Palfrey of prostitution you will have egg in your face when Eric Holder does his investigation. Jean's ad for service was in the yellow pages folks it's legal. Now Davis on the other hand is just one of many illegal prostitution businesses but the White House only need Spitzer to resign. Yes he was about to indict the big Wall Street crooks and stop the Stock Market Crash and now we know it would have also stopped Madoff. But the wisdom of the American people was to attack Spitzer for using his own money for his own personal business. While the CEO's were laughing as they were using taxpayers money. 9,800 clients and all using credit cards of the company. But you wont fine anyone saying they should lose their jobs or even pay back the money. It's ok because we forgive those that rob us it's those people like Spitzer who want to protect us that we hate. Some of these guys might have been on the Emperor VIP Club list too. Right now Law Makers are busy getting ready to give the same guys more taxpayers money for them to pay for prostitutes. ABC helped with negtive opinion of Spitzer and his wife and made Ashley Dupree a role model for young woman. Now here's Davis who did have a prostitution busines serving every big name and even some Law Makers yet the public isn't interested nor do they care. It was only important to kick Spitzer out and frame Jean enough to kill herself.