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Earth_First

(14,910 posts)
Thu Jun 19, 2014, 08:22 PM Jun 2014

Koch Brother Loses It On Air After Blowing Millions on Bogus Wine

William Koch is a lesser known member of the infamous Koch clan of chemicals moguls, though he still ranks asnumber 392 on Forbes‘s list of the world’s billionaires with an estimated net worth of $4 billion. This weekend, he got some press of his own, however, with an interview on ABC’s “20/20? in which he admitted to being a “pigeon, a sucker…whatever you want to call it” for having spent millions of dollars—yes,millions of dollars—on fake wine. Perhaps you thought that the Koch Brothers were soulless wannabe aristocrats? Think again. At one point during the segment, Koch actually breaks into tears over his passion for rare wine.

Titled “To Catch a Fake,” the “20/20? piece reported on the impending sentencing of Rudy Kurniawan, an Indonesian wine merchant who was based in Bel-Air, California. Known for his lavish lifestyle—he hung with (totally random) celebs like Jackie Chan, Lionel Richie, and Will Smith—Kurniawan earned tens of millions of dollars fleecing wealthy buyers, and the report details how he manufactured the puportedly rare, decades- and centuries-old wines in the “counterfeit kitchen” of his suburban home by soaking labels off bottles, printing up new ones that sported much-coveted names like Chateau Petrus Pomerol, and then filling them with combinations of cheap wine from other bottles.

Koch’s fake wine woes—and the catalyst for his suspicions about Kurniawan bottles—were chronicled in Benjamin Wallace’s fascinating 2008 book The Billionaire’s Vinegar which told the story of “The Mystery of the World’s Most Expensive Bottle of Wine.” In 1985, at an auction in Christie’s London, the Forbes family was the buyer of a bottle of what was purportedly a 1787 Chateau Lafitte (now spelled Lafite)  found in a cellar in France with an elaborate story concocted and sold alongside it that the bottle had been owned by Thomas Jefferson. The Forbes family paid $156,000 for the bottle after a heated bidding war with top wine collectors including Marvin Shanken, the man behind Wine Spectator magazine. In 1988, Koch bought four bottles with the same back story. When doubts and rumors about the wines being fake hit a crescendo several years later, it was Koch who doggedly pursued scientific analysis that ultimately showed they were created by a German forger. Koch had paid more than $100,000 per bottle. Those prices may seem exorbitant, but the global auction market for fine and vintage wines is enormous, and totaled $337 million in sales in 2013.

So, how much wine does one have to buy to be ripped off of literally millions of dollars? Koch says that he got stuck with between 400 to 500 fake bottles bought from Kurniawan and others. (A wine expert interviewed in the report refers to wine collectors as “bravado jackasses” with a “my bottle’s bigger than your bottle” complex.)

http://news.artnet.com/market/koch-brother-loses-it-on-air-after-blowing-millions-on-bogus-wine-41162#.U6G66oSiAfE.facebook

Some cheese to go with that whine?

144 replies = new reply since forum marked as read
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Koch Brother Loses It On Air After Blowing Millions on Bogus Wine (Original Post) Earth_First Jun 2014 OP
Couldn't have happened to a nicer plutocrat. BillZBubb Jun 2014 #1
:) sheshe2 Jun 2014 #2
This sounds like a fine whine to me. Uncle Joe Jun 2014 #3
Do you want some cheese with that whine, Koch. olegramps Jun 2014 #111
Should have stuck to the Bird n2doc Jun 2014 #4
"An unsual flavor..." That's one way to put it. nomorenomore08 Jun 2014 #14
What a find!!! Soooooo stealing that. nt msanthrope Jun 2014 #20
Mogen-David 20-20---The Ultimate Wine nikto Jun 2014 #25
This message was self-deleted by its author tritsofme Jun 2014 #106
It doesn't taste as good the second time around. A Simple Game Jun 2014 #48
As someone with personal experience tech3149 Jun 2014 #64
I don't usually feel so sorry for a guy who has been dead for 20 years The Second Stone Jun 2014 #50
At least it's not Mad Dog 20/20 or NightTrain LOL - n/t lapfog_1 Jun 2014 #54
Mad Dog 20/20..... BLEHHHH!!!! Gross stuff! Ghost in the Machine Jun 2014 #80
You could have died lululu Jun 2014 #121
Young and dumb! I guess it's a good thing I got sick! N/T Ghost in the Machine Jun 2014 #122
Thunderbird is every bit as bad as MD 20-20. Enthusiast Jun 2014 #82
Manischevitz is my wine of choice. Erose999 Jun 2014 #57
Not to be outdone by it's bastard cousin, the Night Train. tritsofme Jun 2014 #107
Ya want some cheese to go with that whine Koch? rustydog Jun 2014 #5
This may seem funny DonCoquixote Jun 2014 #6
I don't think it's a question of "letting them have" so much disposable income DFW Jun 2014 #75
Agreed! There should be a high tax on wealth.. mountain grammy Jun 2014 #109
Bill is nothing compared to Charles and David Quixote1818 Jun 2014 #7
Bill Koch sued his brothers for systematic measurement fraud of Indian & federal oil: Faryn Balyncd Jun 2014 #8
WOW! I am suddenly a Bill Koch fan! $200 million! nt Quixote1818 Jun 2014 #22
He also funded an all-woman America's Cup team... HooptieWagon Jun 2014 #85
Best thing is? It all fucking tastes like wine Scootaloo Jun 2014 #9
And he probably got encouraged to file the lawsuit Aerows Jun 2014 #12
He was not crying about the wine, it was the money. zeemike Jun 2014 #10
He did what most people would do. freemay20 Jun 2014 #11
I watched the program too... Contrary1 Jun 2014 #29
I admire your post. Good stuff. nt Quixote1818 Jun 2014 #30
He weeped over $100,000 fake wine. joshcryer Jun 2014 #43
I agree plus at least he's using his money on wine instead of screwing over Raine Jun 2014 #63
I saw it too and you're right... Blanks Jun 2014 #70
Eat the Rich! BrotherIvan Jun 2014 #13
I have an eat the rich pin on my jacket..... a kennedy Jun 2014 #23
Hold the fava beans! nikto Jun 2014 #28
Oh, to have the great troubles of the rich. Humans must complain, it is genetic. Fred Sanders Jun 2014 #15
I have a rare hybrid I can let him have for the bargain price of $50,000 dollars Hassin Bin Sober Jun 2014 #16
Champipple - breakfast of champions lovemydog Jun 2014 #24
Somehow this helps a little. Good on Kurniawan. marble falls Jun 2014 #17
Greatest wine label joke was James Woods in "Joshua Then and Now" Bernardo de La Paz Jun 2014 #18
OFFS Marie Marie Jun 2014 #19
Fake Chateau Petrus? nikto Jun 2014 #21
I have a 17 Year old Bottle of Charles Shaw that I plan on selling for my retirement. dilby Jun 2014 #26
I have a toaster stamped Made in USA. Hope to get at least ten bucks for this rarity. olegramps Jun 2014 #114
Dont forgot the Krackers OP. nt cstanleytech Jun 2014 #27
The Poor Man's Chateau Petrus... nikto Jun 2014 #31
Blotto Brothers fine wine, sensibly priced at a dollar a jug. TrollBuster9090 Jun 2014 #34
Great video nikto Jun 2014 #45
Check out this satire that somebody made of it. It's even better than the real thing. TrollBuster9090 Jun 2014 #59
"Rosebud". secondvariety Jun 2014 #62
Yes, Rosebud Frozen Peas...full of country goodness and green peaness TrollBuster9090 Jun 2014 #67
Or this one, from 'The Critic.' TrollBuster9090 Jun 2014 #60
Lost a few million $ buying bottles of piss? Pfft! That's pocket change to that prick. TrollBuster9090 Jun 2014 #32
I'm ALL choked up. Fake Whine! Maybe Koch should do something good with his money..... joanbarnes Jun 2014 #33
So you used science.... Aviation Pro Jun 2014 #35
"That Night Train's a mean wine" Elwood Blues Harry Monroe Jun 2014 #36
"Night Train Express is my mellow!" cadaverdog Jun 2014 #47
Sounds like a real whiner. Initech Jun 2014 #37
Oh, the humanity! nt silvershadow Jun 2014 #38
Oh poor baby koch! We need a Cha Jun 2014 #39
I am trying to be sad ellie Jun 2014 #40
"Billionaire's Vinegar" was a fun read -- reminded me of an episode of Northern Exposure ... eppur_se_muova Jun 2014 #41
He spent 25 million to punish a guy who conned him out of 5 million. Iggo Jun 2014 #42
+1000. kcass1954 Jun 2014 #91
And the homeless guy blew the 20 on wine. HooptieWagon Jun 2014 #102
So laundry_queen Jun 2014 #127
Today's lesson. HooptieWagon Jun 2014 #128
OR laundry_queen Jun 2014 #129
Don't preach to me about helping poor people... HooptieWagon Jun 2014 #130
Then don't spend so much time sticking up for the Kochs laundry_queen Jun 2014 #131
I stuck up for a victim of a crime. HooptieWagon Jun 2014 #132
I haven't lied once. laundry_queen Jun 2014 #133
So now it's "guilt by association"? HooptieWagon Jun 2014 #134
You know what doesn't matter to me? laundry_queen Jun 2014 #139
Apparently if you give millions to rich people... sherihah Jun 2014 #140
0.001% people problems. joshcryer Jun 2014 #44
These parasites victimizing others for their own enrichment should be ashamed. tclambert Jun 2014 #46
LOL get the red out Jun 2014 #52
A Koch Brother Screwed? We need more such heart-warming stories! joeybee12 Jun 2014 #49
And I'll bet he traded his bubblegum for exlax too. lonestarnot Jun 2014 #51
how idiotic is a system that allocates so many resources to such complete crap! unblock Jun 2014 #53
poor little snob. I'm happy to see WhiteTara Jun 2014 #55
"wine collectors as “bravado jackasses” with a “my bottle’s bigger than your bottle” complex." Spitfire of ATJ Jun 2014 #56
There is a fun book about guys like this coming out later this year DFW Jun 2014 #76
These people KNOW deep down there are people in the "lower classes" that are BETTER than them... Spitfire of ATJ Jun 2014 #78
I have never even really seen a serious wine cellar DFW Jun 2014 #79
I saw it when it aired. hamsterjill Jun 2014 #58
The third Koch brother actually donates to anti-citizen united causes Exultant Democracy Jun 2014 #61
Good to know there is at least one human being in that family, thanks. nt Mnemosyne Jun 2014 #105
There's nothing wrong with liking your boat and your wine eallen Jun 2014 #120
even more amusing, given: Spider Jerusalem Jun 2014 #65
Thanks for that. Enthusiast Jun 2014 #83
Boo hoo. Cry me a river. WhoIsNumberNone Jun 2014 #66
This a**hole cares more about rare wine than Helen Borg Jun 2014 #68
Hyperbole much? HooptieWagon Jun 2014 #88
When a person can and does spend that much money on wine... WINE... dogknob Jun 2014 #94
doing so without facts puts the "ass" in assume. HooptieWagon Jun 2014 #96
Yes, actually it is. dogknob Jun 2014 #110
Not his money KamaAina Jun 2014 #135
Just a regular bon vivant.... BeatleBoot Jun 2014 #69
Oh, there will be more to cry... Helen Borg Jun 2014 #137
A serious case of sour grapes n/t Oilwellian Jun 2014 #71
Victim of his own ego. JohnnyRingo Jun 2014 #72
Welch's grape juice TexasTowelie Jun 2014 #73
May I say... 47of74 Jun 2014 #74
If you go to some of the best tables in the world, the food is fresh, the company is convivial, and MADem Jun 2014 #77
Hey, Koch, now you know how it feels to be a disgruntled consumer. Enthusiast Jun 2014 #81
The frustrating think about all this is Buddha2B Jun 2014 #84
Yes, entirely correct. HooptieWagon Jun 2014 #86
Whatever, pal. LAGC Jun 2014 #104
If it doesn't have an umlaut.... Helen Borg Jun 2014 #141
Who in their Right G.D. mind imthevicar Jun 2014 #87
We will pay 100k for a bottle of wine, but mikeysnot Jun 2014 #89
Ugh...the KKKoch Kreeps make me sick. SoapBox Jun 2014 #90
Ignorant haters make me disgusted. HooptieWagon Jun 2014 #100
Kurniawan should get the Medal of Honor dogknob Jun 2014 #92
What sort of person are you? Archae Jun 2014 #95
I am disgusted with the attitudes on display by some DUers. HooptieWagon Jun 2014 #99
Hey, Bill! Dry your tears! I've got a bottle of wine for you! KansDem Jun 2014 #93
What's the word? THUNDERBIRD tritsofme Jun 2014 #97
Charge him $100 a carton for those GPC cigs while you're at it. LuvNewcastle Jun 2014 #98
Cue the sad Hulk music. Initech Jun 2014 #101
This Koch isn't one of the bad brothers Gman Jun 2014 #103
On DU it doesn't matter. 840high Jun 2014 #112
What was I thinking ?? Gman Jun 2014 #113
Don't cry, Bill. After the third bottle it all tastes the same, anyway. Buns_of_Fire Jun 2014 #108
Last night I opened a bottle of $12.99 Cigar Box Malbec. The_Commonist Jun 2014 #115
the tv series "white collar" had an episode where two of the characters niyad Jun 2014 #116
So for a while, in California... bayareaboy Jun 2014 #117
here's a bottle of a rare old vintage for him -hard to get these days azurnoir Jun 2014 #118
I saw an ad for Koch Bros this morning TexasProgresive Jun 2014 #119
Wine. Never once thought of doing anything for anybody else. aquart Jun 2014 #123
LOL. I'd love to see that cretin cry over spilled fake wine. catbyte Jun 2014 #124
Wow. laundry_queen Jun 2014 #125
Unhand that bottle! Benton D Struckcheon Jun 2014 #126
Quick! Dial Whine-One-One! KamaAina Jun 2014 #136
I have a deal for Mr. Koch Bombero1956 Jun 2014 #138
We buy most of our wine from small local vineyards. riqster Jun 2014 #142
This message was self-deleted by its author abakan Jun 2014 #143
poor baby is going to have to eat larks tongue in aspic after that loss... n/t Whisp Jun 2014 #144

nomorenomore08

(13,324 posts)
14. "An unsual flavor..." That's one way to put it.
Thu Jun 19, 2014, 09:36 PM
Jun 2014

Also note that he's serving the stuff over ice for very good reason.

Response to nikto (Reply #25)

A Simple Game

(9,214 posts)
48. It doesn't taste as good the second time around.
Fri Jun 20, 2014, 01:00 PM
Jun 2014

Not that is tasted that good on the way down, and it seems that there was always a second time.

On the other hand Boone's Farm, otherwise known as Koolaid with a kick, at least tasted good on the way down.

For a dollar a liter, may have been a quart back then, you should be able to expect some level of quality.

Observations from 45 years ago, times may have changed.

 

The Second Stone

(2,900 posts)
50. I don't usually feel so sorry for a guy who has been dead for 20 years
Fri Jun 20, 2014, 01:08 PM
Jun 2014

but that was so amazingly painful.

Ghost in the Machine

(14,912 posts)
80. Mad Dog 20/20..... BLEHHHH!!!! Gross stuff!
Sat Jun 21, 2014, 05:33 AM
Jun 2014

When I was 16 years old, I chugged two bottles back to back on a dare. We had already been drinking some vodka and some beer, and had burned a few too!

Soon as I finished the 2nd bottle, the first one kicked in.. the whole freaking world started spinning 1000mph, then I got sick as a dog, throwing that crap up for an hour! Here it is, 35 years later, and to this day I cannot *stand* the smell of that stuff. I can smell it if someone has been drinking it, and I still start to wretch and gag!!

Ahh, the summers of our youth and stupidity, huh? LOL!

Peace,

Ghost

 

lululu

(301 posts)
121. You could have died
Sun Jun 22, 2014, 08:56 PM
Jun 2014

At a high enough blood alcohol level, there's not enough actual blood to support life.

DonCoquixote

(13,616 posts)
6. This may seem funny
Thu Jun 19, 2014, 09:08 PM
Jun 2014

but in truth, it illustates the utter folly of letting these bastards have so much disposable income. It is one thing to spend several hundred thosuand on a bottle of wine. Hell, there may be valid historical reasons to do so, especially if you are a wine producer that is hoping to maintain or learn from the masters. I could see various wine companies bidding for these items, but individuals, who would keep this as if it was another bottle to have at dinner with pasta? UGH.

But the Koches do not stop there. It is one thing to blow 5 million dollars on WINE, it is another to have an ego so big that you spend 25 million dollars seeking revenge on the con men that took advantage of the fact that you were arrogant AND ignorant. #) millions dollars blown on absolutely NOTHING but a spurned ego. No charity benefit to get the whey from the cream, no social value, just one little Peter Pan boy's arrogance. This is also important considering he , unlike even Bill gates, did NOT make the fortune, his daddy did helping Stalin build the same Russian Oil indistry that is allowing Putin to slap around whoever he wants to.

DFW

(54,378 posts)
75. I don't think it's a question of "letting them have" so much disposable income
Sat Jun 21, 2014, 02:31 AM
Jun 2014

A free society can't put limits on how much disposable income has unless you want to limit Warren Buffett who gave most of his billions away, or entertainers like Bill Cosby or Oprah Winfrey or even Paul McCartney as to how popular their work can become, there has to be another criterion.

There are rich assholes and there the "Joe the plumber" assholes who deservedly don't have a pot to piss in. If an über-rich guy wants to blow money--even ridiculous amount of it--that will get spent instead of languishing in his bank account, I say let him do it.

mountain grammy

(26,620 posts)
109. Agreed! There should be a high tax on wealth..
Sat Jun 21, 2014, 03:14 PM
Jun 2014

These imbeciles have way too much money. TAX THE RICH!

How many schools could we fund with this fucker's wine?

Quixote1818

(28,933 posts)
7. Bill is nothing compared to Charles and David
Thu Jun 19, 2014, 09:08 PM
Jun 2014

He is not nearly as ruthless and has a fraction of the cash. Still an ass hole.
 

HooptieWagon

(17,064 posts)
85. He also funded an all-woman America's Cup team...
Sat Jun 21, 2014, 08:24 AM
Jun 2014

...out of his pocket. That cost $100 million or so. Not a tax deduction. Just to give woman a chance to prove they could compete with men in sailing. He's no where near as bad as his brothers.

 

Scootaloo

(25,699 posts)
9. Best thing is? It all fucking tastes like wine
Thu Jun 19, 2014, 09:27 PM
Jun 2014

Blind taste tests can't tell the difference between the stuff this guy thought he was buying, and the blend I threw in my spaghetti sauce last night.

 

Aerows

(39,961 posts)
12. And he probably got encouraged to file the lawsuit
Thu Jun 19, 2014, 09:34 PM
Jun 2014

by someone that did chemical testing and is reaping a fortune off of the lawsuit!

There is a sucker born every minute.

zeemike

(18,998 posts)
10. He was not crying about the wine, it was the money.
Thu Jun 19, 2014, 09:30 PM
Jun 2014

But I bet that scam went on for a long time.
The ones that bought would probably not open it because it was so expensive and if they did most would not know what it was suppose to taste like.


But hey, it's the money.

freemay20

(243 posts)
11. He did what most people would do.
Thu Jun 19, 2014, 09:31 PM
Jun 2014

I watched the show. I also can not stand the Koch brothers and what they are trying to do to this country. I do however agree with William Koch taking the actions he is taking. He also did not lose it as your headline states. He seemed very normal, distraught over being duped, and intent on making sure the perpetrator does not get away with it again. The person he has suit against also duped many others out of millions of dollars. We talk here on DU about how the Koch Brothers only care about the 1% and how we at this site chest pump that we are all for ALL of the people in this country. HMMM sounds like (per your headline) it is ok for people to get ripped off as long as they are not rich. Stop the self-righteous judgment of a person trying to get back what they were defrauded out of.

So, is this the hypocrisy that is DU, or possibly a post made spur of the moment without a lot of thought because of the name Koch? It is quite evident you did not watch the show but rather relied upon an excerpt or article you happened to have read. If you had watched the show, you would have actually seen he did not "lose", but rather was very upset about being screwed. I salute his aggressive action in trying to bring the asshole that ripped Koch and many others off, not only in the high cost wine sector, but in areas where other people, middle class people, were also ripped off.

I say this with respect as I have learned by doing the same thing it appears you may have done, make a post based upon what I read, rather than actually viewing or researching the true source of said article.

Contrary1

(12,629 posts)
29. I watched the program too...
Thu Jun 19, 2014, 10:21 PM
Jun 2014

I don't think he "lost it". Upset? Sure, who wouldn't be? He has a passion for rare wines. I don't have a problem with that.

I agree with your post.

Raine

(30,540 posts)
63. I agree plus at least he's using his money on wine instead of screwing over
Fri Jun 20, 2014, 04:34 PM
Jun 2014

the people of this country by buying the government like his brothers do.

Blanks

(4,835 posts)
70. I saw it too and you're right...
Fri Jun 20, 2014, 08:09 PM
Jun 2014

He kind of teared up a little - about like I do during the sad part of a Disney film. He hardly 'lost it.'

It just happened to be expensive wine, but when the democrats took over both congress and the White House in 2009 they worked to pass consumer protection legislation. Keeping people from defrauding others is a good thing.

Even the wealthy deserve protection from fraud. He shouldn't be ridiculed for trying to prevent fraud in an industry that he is obviously very passionate about IMHO.

a kennedy

(29,658 posts)
23. I have an eat the rich pin on my jacket.....
Thu Jun 19, 2014, 10:13 PM
Jun 2014

Iit's along side a knife & fork pin.... The best reactions are ...."love those pins" and I agree "EAT THE RICH".

Bernardo de La Paz

(49,001 posts)
18. Greatest wine label joke was James Woods in "Joshua Then and Now"
Thu Jun 19, 2014, 10:09 PM
Jun 2014

His character Joshua settles an old grudge with a childhood friend who is now a successful psychiatrist with a wine cellar. He breaks into the guy's house and soaks off all the labels on the wine bottles. Thus the wine is still good, but the guy can't be a snob about the contents.

Marie Marie

(9,999 posts)
19. OFFS
Thu Jun 19, 2014, 10:10 PM
Jun 2014

The problems of the rich. Bad wine? Try having to choose between food or medication like many poor have to do.

dilby

(2,273 posts)
26. I have a 17 Year old Bottle of Charles Shaw that I plan on selling for my retirement.
Thu Jun 19, 2014, 10:17 PM
Jun 2014

Bet it will be worth at least $5 in 30 years.

TrollBuster9090

(5,954 posts)
32. Lost a few million $ buying bottles of piss? Pfft! That's pocket change to that prick.
Thu Jun 19, 2014, 10:23 PM
Jun 2014

Still...they've definitely reinforced the meme that the wealthy are wealthy because they're superior. Smarter, harder working, more savy... Gotta love it.

Aviation Pro

(12,167 posts)
35. So you used science....
Thu Jun 19, 2014, 10:31 PM
Jun 2014

...you flaccid fuck of a trust fund baby. Go cry me a fucking river of grapes, assclown.

Meanwhile, the two other Koccccccccchptuisucker brothers continue to deny that human activity is causing global warming, in spite of the overwhelming evidence presented by....

[font size="36" color="red"]SCIENCE[/font].

Go fuck yourself and the sommelier's knife you rode in on, you fucking walking wad of phlegm.

ellie

(6,929 posts)
40. I am trying to be sad
Fri Jun 20, 2014, 12:39 AM
Jun 2014

but I just can't. What a horrible waste of money. A fool and his money are soon parted and all that.

eppur_se_muova

(36,262 posts)
41. "Billionaire's Vinegar" was a fun read -- reminded me of an episode of Northern Exposure ...
Fri Jun 20, 2014, 01:24 AM
Jun 2014

knowing it was real life, not fiction, made it much more interesting.

Iggo

(47,552 posts)
42. He spent 25 million to punish a guy who conned him out of 5 million.
Fri Jun 20, 2014, 03:02 AM
Jun 2014

I gave 20 bucks to a homeless guy so he could get something to eat.

I win.

laundry_queen

(8,646 posts)
127. So
Mon Jun 23, 2014, 10:01 AM
Jun 2014

vehemently sticking up for the Kochs AND making a stereotypical 'joke' about homeless people being winos? You sure you're at the right website? Maybe you took a wrong turn on the intertubes.

 

HooptieWagon

(17,064 posts)
128. Today's lesson.
Mon Jun 23, 2014, 10:33 AM
Jun 2014

Half of the homeless have problems with substance abuse.
http://usich.gov/issue/substance_abuse
You can argue whether that constitutes a stereotype, but the odds are 50% the $20 the poster claimed to give a homeless person was spent on alcohol or drugs.... which neither helped with their homelessness or their substance abuse problem.
Bill Koch (the only Koch I "defended&quot was the victim of a crime. If the poster above had stolen $20 from the homeless person, I would have defended the homeless crime victim.
Yes, sometimes I wonder if I'm on the same website I registered for many years ago... especially when some members are blaming the victim and cheering the criminal. I gather you're part of that group. Be careful karma doesn't bite you in the ass someday when the tables are turned.

laundry_queen

(8,646 posts)
129. OR
Mon Jun 23, 2014, 11:12 AM
Jun 2014

the alcoholic homeless person spent some of that $20 on food and some on money, and can cope with another day of being homeless. It's called kindness. Try it for poor people sometime. I'm sure the rich can get along without empathy for them.

and WTF do you mean, when the tables are turned? When I'm rich and a victim of a fraud that doesn't make a dent in my bank account? I'll take that karma. Better than being poor and not being the victim of 'crime'. Anyhow, the poor are victims of the Koch brothers' crimes every day of their lives. But you keep on feeling sorry for them.

 

HooptieWagon

(17,064 posts)
130. Don't preach to me about helping poor people...
Mon Jun 23, 2014, 11:31 AM
Jun 2014

.. as you have absolutely no clue as to the amount I've done to help, or the degree to which I've been there.

laundry_queen

(8,646 posts)
131. Then don't spend so much time sticking up for the Kochs
Mon Jun 23, 2014, 11:44 AM
Jun 2014

Whatever you do to help the poor is undone by orders of magnitude by those boils on society.

 

HooptieWagon

(17,064 posts)
132. I stuck up for a victim of a crime.
Mon Jun 23, 2014, 11:54 AM
Jun 2014

The money he has is irrelevant. Unlike you, I don't spew hatred that he "deserved it" simply by being wealthy, just as he wouldn't deserve it if he was poor. I haven't defended his brothers at all, that is your fabrication. Your deliberate and persistant lying is a clear indication you've got no argument left.

laundry_queen

(8,646 posts)
133. I haven't lied once.
Mon Jun 23, 2014, 12:11 PM
Jun 2014

You don't think you are sticking up for the brothers, I beg to differ. They are of the same class. They made their money the same way. It doesn't mean I lied, it means that I see things differently than you. But you go ahead with the whole 'liar' thing when people disagree with you. Maybe that's what you do when you have no argument left.

I think your posts speak for themselves. I never said once that he deserved to be a victim of a crime (who's lying now? hm?) I said that he didn't deserve pity and my argument is that he shouldn't be whining on tv about it. Nobody cares. Nobody wants to hear a rich guy whining about being defrauded - because that's what him and his family do to society every single day.

 

HooptieWagon

(17,064 posts)
134. So now it's "guilt by association"?
Mon Jun 23, 2014, 01:40 PM
Jun 2014

He is estranged from his brothers... not that facts have mattered to you one iota.

laundry_queen

(8,646 posts)
139. You know what doesn't matter to me?
Mon Jun 23, 2014, 02:50 PM
Jun 2014

Billionaire's problems. But they seem to really matter to you. Bill is that you?

joshcryer

(62,270 posts)
44. 0.001% people problems.
Fri Jun 20, 2014, 03:14 AM
Jun 2014

Seriously, this guy cried, actual tears, because he bought $25,000-100,000 fake wine.

Actual tears.

While surrounded with hundreds of millions of dollars of artwork.

Please. When he kicks it his family will completely dispense of his massive wine collection and artwork.

tclambert

(11,085 posts)
46. These parasites victimizing others for their own enrichment should be ashamed.
Fri Jun 20, 2014, 12:35 PM
Jun 2014

And the fake wine merchants should be ashamed, too.

unblock

(52,221 posts)
53. how idiotic is a system that allocates so many resources to such complete crap!
Fri Jun 20, 2014, 01:13 PM
Jun 2014

as if he'd have had real value had the vinegar been exactly as advertised.

meanwhile, children starve.

WhiteTara

(29,711 posts)
55. poor little snob. I'm happy to see
Fri Jun 20, 2014, 01:40 PM
Jun 2014

that someone got "rich" off playing to his rich snobbery. I hope they have a good life and he gets the do whacka doo on his next ill gotten gains purchase of something that shouldn't/doesn't exist.

 

Spitfire of ATJ

(32,723 posts)
56. "wine collectors as “bravado jackasses” with a “my bottle’s bigger than your bottle” complex."
Fri Jun 20, 2014, 02:57 PM
Jun 2014

Met some.

STILL like this bit...

DFW

(54,378 posts)
76. There is a fun book about guys like this coming out later this year
Sat Jun 21, 2014, 02:35 AM
Jun 2014

It's called "The Time Cellar." I know California Peggy and her husband have read advance copies.

Unlike "Billionaire's Vinegar," it's pure fiction, but that removes some of the restrictions that reality puts on stories like this.

 

Spitfire of ATJ

(32,723 posts)
78. These people KNOW deep down there are people in the "lower classes" that are BETTER than them...
Sat Jun 21, 2014, 03:00 AM
Jun 2014

Be it intellectually, morally or physically.

They need to feel superior in more ways than their bank account to justify how they deserve their wealth while flaunting their wealth to one another. I've seen wine cellars accessed by a hidden passage as if it's the Bat Cave.

DFW

(54,378 posts)
79. I have never even really seen a serious wine cellar
Sat Jun 21, 2014, 04:15 AM
Jun 2014

I have seen enough depictions, but aside from sneezing, don't know what I'd do if I found myself in one.

The Time Cellar is about an impoverished wine nerd who suddenly gets access to the most exotic and prestigious vintage wines in the world, but what he does with them is definitely NOT what people like William Koch do. Sometimes, the fiction IS more fun than the reality.

hamsterjill

(15,220 posts)
58. I saw it when it aired.
Fri Jun 20, 2014, 03:04 PM
Jun 2014

I thought it made the guy look like the pompous jerk that he already is. Crying because someone took advantage of him because he was stupid.

I like to keep things in perspective. There are hungry children going to bed on cold pavement every night in this country. I don't much care if this idiot is upset about being taken.

Exultant Democracy

(6,594 posts)
61. The third Koch brother actually donates to anti-citizen united causes
Fri Jun 20, 2014, 03:21 PM
Jun 2014

just so you all know. Not hundreds of millions, but a lot. He like his boat, he likes his wine, and he doesn't like his brothers.

eallen

(2,953 posts)
120. There's nothing wrong with liking your boat and your wine
Sun Jun 22, 2014, 05:20 PM
Jun 2014

Whether the boat is old and cheap, or the wine is old and pricey.




 

Spider Jerusalem

(21,786 posts)
65. even more amusing, given:
Fri Jun 20, 2014, 04:39 PM
Jun 2014
We are quite bad at tasting the differences between different wines. Even experts are easily fooled. You put a misleading label on a bottle of wine and the experts’ opinions can change dramatically. You can even warm up white wine and color it red (with food coloring) and many judges will think it is a red wine.

http://www.psychologytoday.com/blog/the-decision-tree/201207/cheap-and-expensive-wine-taste-the-same-in-blind-taste-tests

WhoIsNumberNone

(7,875 posts)
66. Boo hoo. Cry me a river.
Fri Jun 20, 2014, 04:47 PM
Jun 2014

If you can afford to spend millions of dollars on wine, you've obviously got money to burn. Come see me when you're living under a bridge.

Helen Borg

(3,963 posts)
68. This a**hole cares more about rare wine than
Fri Jun 20, 2014, 05:31 PM
Jun 2014

The blood of the people spilled by all the terrible policies pushed by the politicians bought with his money...

 

HooptieWagon

(17,064 posts)
88. Hyperbole much?
Sat Jun 21, 2014, 08:48 AM
Jun 2014

What polititians has he bought? What blood has been spilled? You do understand he is not his brothers, right? Would you call Jimmy Carter a drunken redneck because of HIS brother?

dogknob

(2,431 posts)
94. When a person can and does spend that much money on wine... WINE...
Sat Jun 21, 2014, 11:39 AM
Jun 2014

It is not unreasonable to assume that he is a soulless animal just like the more famous members of his family.

Your comparison to JC goes in the opposite direction, BTW.

 

HooptieWagon

(17,064 posts)
96. doing so without facts puts the "ass" in assume.
Sat Jun 21, 2014, 11:47 AM
Jun 2014

Just saying. The guy is not a sociopath like his brothers. If he wants to spend a load of his money on wine, so what? How does that harm you? What business is it of yours? He also collects art... is that also evil?

dogknob

(2,431 posts)
110. Yes, actually it is.
Sat Jun 21, 2014, 03:29 PM
Jun 2014

Particularly when a bunch of frat boys discover that they can buy absolute crap for a song, then use their pull with the media to convince everyone that it's worth a zillion dollars...

You know nothing about the "business of art." You don't even know why you like what you like. It is absolute fascism.

http://www.independent.co.uk/news/world/modern-art-was-cia-weapon-1578808.html

Helen Borg

(3,963 posts)
137. Oh, there will be more to cry...
Mon Jun 23, 2014, 02:08 PM
Jun 2014

No amount of money and sheltering will fix the slow and painful disintegration process we all go through with aging.

JohnnyRingo

(18,628 posts)
72. Victim of his own ego.
Fri Jun 20, 2014, 08:44 PM
Jun 2014

The cons even point out that snoots like Koch buy such rare spirits to brag to other collectors. That makes them easy marks because they so want the wine to be expensive that they literally sell it to themselves. Half the work of the con job is done for them.

Since these con artists aren't cheating senior citizens out of their pensions, I hope the penalty is moot. The billionaires will just pass along the expense through remorselessly shady business dealings.

MADem

(135,425 posts)
77. If you go to some of the best tables in the world, the food is fresh, the company is convivial, and
Sat Jun 21, 2014, 02:37 AM
Jun 2014

the wine is local and dare I say, quite CHEAP in terms of price.

What matters is how it tastes.


There is a lesson here, and it's a lesson older than that wine was purported to be:


A fool and his money are soon parted.

Buddha2B

(116 posts)
84. The frustrating think about all this is
Sat Jun 21, 2014, 07:49 AM
Jun 2014

My real name is David Koch. Koch is a fairly common Germanic name which just translates to "cook".

In German the pronunciation is more like: Korhk. Not Coke.

Seeing your own name, is the same as one of the most evil people in the world, doesn't bring much happiness to me.

So yeah, everyone can circle jerk over the name, but just remember they aren't the only Kochs in the world, and a lot of us are on your side.

 

HooptieWagon

(17,064 posts)
86. Yes, entirely correct.
Sat Jun 21, 2014, 08:40 AM
Jun 2014

Cook is the translation of Koch. A very common German name.
Bill Koch isn't his brothers. And to those cheering his being swindled... he could have profited by keeping quiet and auctioning off his bottles. Instead, he took the $ loss so a con man could be stopped.

LAGC

(5,330 posts)
104. Whatever, pal.
Sat Jun 21, 2014, 01:14 PM
Jun 2014

We know you're the REAL David Koch, coming here himself to spread FUD over defamation of your family's "good name."

You won't trick us, imposter!

Your jig is up! :p

 

imthevicar

(811 posts)
87. Who in their Right G.D. mind
Sat Jun 21, 2014, 08:48 AM
Jun 2014

Would spend so much on a bottle of Wine!? Oh yeah, A fuckin rich greedy Plutocrat! Welcome to our world of fraudsters and liars, (just like you fine folks inflict on us, it's nice to know you aren't exempt from the same crap, Don't expect me to shed any tears.)
I don't care how this sounds to the apologist out their, They got it and don't want to share it. They are a sickness , a pox on this nation. the sooner they go up the long ladder the better off we will all be.

 

HooptieWagon

(17,064 posts)
100. Ignorant haters make me disgusted.
Sat Jun 21, 2014, 12:05 PM
Jun 2014

Bill Koch is not his brothers... try doing a little homework before spewing.
You do realize Koch could have kept quiet and auctioned off his wine and gotten his money back, plus a profit? Did he do so? No. Props to him for taking the fraudster down, knowing that his collection would then be worthless.

dogknob

(2,431 posts)
92. Kurniawan should get the Medal of Honor
Sat Jun 21, 2014, 11:34 AM
Jun 2014

In defense of the United States of America, more of these fools need to be separated from their money.

Look at it this way: they use their money as a weapon against us, so we need to disarm them.

Archae

(46,327 posts)
95. What sort of person are you?
Sat Jun 21, 2014, 11:46 AM
Jun 2014

You and all the others cheering on that scummy little bastard who cheated people?

This guy is not Robin Hood, he stole millions from a number of people, and kept it all.

The Koch brother who collects wine is the one who blew the whistle on his 2 brothers "short-sticking" (cheating) Native American oil owners.

But *ONLY* because he is a Koch, he deserves to be cheated, and have his money stolen?

The Koch brothers we hear about the most, they collect politicians, in their zeal to control the whole country.

This other Koch brother spends his money on rare wines, wineries employ many people, to grow the grapes, make the wine, etc.

Let me know when you let someone cheat you out of your computer and big-screen TV.

 

HooptieWagon

(17,064 posts)
99. I am disgusted with the attitudes on display by some DUers.
Sat Jun 21, 2014, 11:58 AM
Jun 2014

Just seething with hate...
Coming up next... defending a murderer who kills a wealthy person? At this point I wouldn't be surprised.

KansDem

(28,498 posts)
93. Hey, Bill! Dry your tears! I've got a bottle of wine for you!
Sat Jun 21, 2014, 11:37 AM
Jun 2014


And I'll only charge you $49,995! Cheap at twice the price!

The_Commonist

(2,518 posts)
115. Last night I opened a bottle of $12.99 Cigar Box Malbec.
Sat Jun 21, 2014, 05:00 PM
Jun 2014

It was good! Nice and smoky.
I think I'll finish it tonight.

Yes, you can get a better bottle of wine, and yes, you can pay more for better wine. But how good can it possibly be?

At a certain point, "you get what you pay for" becomes a losing game, and these rich douches really are suckers to play this game.

I'll bet old Bill's high-priced lawyers also think he's a sucker. And they're laughing at him all the way to the bank...

niyad

(113,302 posts)
116. the tv series "white collar" had an episode where two of the characters
Sat Jun 21, 2014, 10:32 PM
Jun 2014

faked a jefferson wine. very interesting how they did it.

bayareaboy

(793 posts)
117. So for a while, in California...
Sun Jun 22, 2014, 12:19 PM
Jun 2014

there was lots of making there own wine. Before that there was folks who would scam shipments of wine for pallet sized sales. But it seems if you take big money from the one percent you probably won't do any time.

I would rather buy 1 bottle at a time at the Supermarket.

So do you figure Koch fool has ever had white port & lemon juice?

TexasProgresive

(12,157 posts)
119. I saw an ad for Koch Bros this morning
Sun Jun 22, 2014, 03:11 PM
Jun 2014

It went on and on about how they involved in the manufacture of so many of the WONDERFUL products that we use every day and how wonderful their employees are and how wonderful it is to work for them.

I think the Kochs are feeling the pain, let's keep it up and they won't gain.

aquart

(69,014 posts)
123. Wine. Never once thought of doing anything for anybody else.
Mon Jun 23, 2014, 04:22 AM
Jun 2014

Useless parasite. It's greed that makes great suckers.

laundry_queen

(8,646 posts)
125. Wow.
Mon Jun 23, 2014, 09:49 AM
Jun 2014

First: I don't give a crap if he's the 'good brother'. There sure are a few DUers sticking up for someone who is so rich they can afford millions on fake wine and think just because he's the 'good brother' we should cut him a break? Um, no. Even if you are a 'rare wine' connoisseur, if you can spend millions on a BUNCH of bottles of wine, you don't deserve pity. He didn't even realize it by taste. Some connoisseur. I tend to agree with the interviewed wine expert on this point. In fact, I bet you that even the people who sell the 'real' stuff laugh their asses off inside at the money paid for wine (lots of studies show people aren't very good at telling the difference between cheap and expensive wine - it's all about the prestige and the $$ spent for the bottle).

Plus, this is pocket change for him. This would be like me (talking scale-wise here) complaining I bought a crappy soap off of etsy. "They promised it was the world's most luxurious soap ever! I loved it so much that I bought 20 bars! And now I find out it's NOT the world's most luxurious soap! It's regular soap in a fancy package! I've been duped! I'm going to spend $100 to get my $50 back." Can you imagine me going on tv crying about it? LOL. It's ridiculous. These people don't deserve pity, they deserve ridicule. I wonder how much he pays his employees? I bet they would like to split up $5,000,000 or so amongst themselves...they could use it to buy things like food and shelter.

riqster

(13,986 posts)
142. We buy most of our wine from small local vineyards.
Tue Jun 24, 2014, 09:25 AM
Jun 2014

Shop local! You can find the person responsible if you need to.

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