Debauchery of Broadcom founder Henry Nicholas detailed in unsealed indictment
In what may become a seminal document in the history of the dot-com era for its detailed account of excess, the recently unsealed indictment on drug charges of Broadcom founder and former CEO Henry Nicholas describes everything from spiking the drinks of fellow executives to five-figure wire transfers for "party favors" such as cocaine, methamphetamine and MDMA. The broad strokes of Nicholas' drug and prostitute habit, and the lavish grottoes he built to play with both in, have been public for a while. But the blow-by-blow account is fascinating. And these are just the drug and sex charges. Nicholas and other execs at the Southern California chip maker are also under fire from the Securities and Exchange Comission for their role in an fraudulently backdating stock options to enrich themselves and their associates. According to reports, Nicholas is currently at the posh Betty Ford Clinic.