David H. Brooks, CEO of bulletproof vest maker DHB Industries, spared no expense for his 13-year old daughter’s entry into adulthood. The girl and 300 of her closest BFFs were entertained recently in New York’s Rainbow Room by Don Henley, Stevie Nicks, Kenny G, Aerosmith and, believe it or not, 50 Cent.... It was hosted by Tom Petty. The reported cost: $10 million. ...Well, I didn't think it would happen, but I've finally found a David Brooks who's even more clueless than this one.
First off, what 13-year old is a fan of Don Henley, Fleetwood Mac and, for God’s sake, Kenny G? Who was this party really for? Second, and more importantly, where does a guy get $10 million to blow on a Bat Mitzvah? Well, it appears, from you, the American taxpayer. According to United for a Fair Economy, Brooks and Co. have made a tidy profit outfitting our nation’s fighting men and women in body armor that allegedly couldn’t take a hit from a 9mm round:
David H. Brooks, CEO of bulletproof vest maker DHB Industries, earned $70 million in 2004, 13,349% more than his 2001 compensation of $525,000. Brooks also sold company stock worth about $186 million last year, spooking investors who drove DHB’s share price from more than $22 to as low as $6.50 [DHB was trading at $4.20 Wednesday]. In May 2005, the U.S. Marines recalled more than 5,000 DHB armored vests after questions were raised about their effectiveness. By that time, Brooks had pocketed over $250 million in war windfalls.
David H. Brooks -- a name that should be pronounced like "Jesus H. Christ!" -- must have balls as big as church bells. The problems with his company's not-exactly-bulletproof vests have been well publicized and so have the massive profit/profiteering he's made off the faulty merchandise. You'd think with all that publicity swirling around him, he'd probably be a little subtler about the profligate spending. (Of course you'd think that. You'd also probably think only a moron would spend $10 million on crap music like Kenny G and Don Henley.)