Thursday, November 19, 2009

He's giving finacial advice to the pirates, bwahaha

'I warned Nic Cage to cool it'

Nicolas Cage was in Kenya visiting imprisoned Somali pirates on Tuesday just days after he lost his two houses in New Orleans in foreclosure and he was hit with a countersuit by the former business manager he is suing for fraud.
Cage, a UN Goodwill Ambassador on Drugs & Crime, was in Mombasa to tour the Shimo La Tewa prison, where many captured Somali pirates are being held.
"I'm in a position where I can actually make some sense and talk about it when I go back to the States," Cage told The Associated Press.
The star of the new "Bad Lieutenant" remake, who owes the IRS $6.6 million, might be safer in Kenya, where he won't be able to spend his Hollywood millions so quickly.
Samuel J. Levin, the manager Cage sued in October, countersued last week, claiming he warned the actor not to buy castles in England and Bavaria and that Cage ignored him. Levin claims he told Cage he would need to earn $30 million a year to maintain his lifestyle.
The suit says that in 2007 Cage bought three houses for $33 million; 22 cars, including nine Rolls-Royces; and 47 works of art. By 2008, he owned 15 houses around the world, four yachts, an island in the Bahamas and a Gulfstream jet.
"[Cage] knows that his losses are entirely and solely the result of his own compulsive, self-destructive spending, which he engaged in against Levin's advice," states the complaint. Cage's lawyer Marty Singer told Page Six Levin's suit is "ridiculous."
Meanwhile, folks in New Orleans aren't surprised by Cage's ruin. While one of his foreclosed houses was once owned by "Interview With a Vampire" author Anne Rice, the other was the notorious LaLaurie House, built in 1832 for a doctor and his sadistic wife, Delphine, who was torturing slaves and keeping their mutilated bodies chained in the attic. A fire in 1834 led to the discovery of her torture chamber.
Many people have lived there since, but every inhabitant moved out within months or suffered tragedy and death. [For details on the sale of Cage's New York home, see Gimme Shelter.]

No comments: