$241,000 tab at strip club.

[SittinOnDubsWGW]

-NEW YORK, Oct 24 (Reuters) - Savvis Communications Corp. (SVVS.O: Quote, Profile, Research) said on Monday it had placed its chief executive on unpaid leave and will launch an internal probe related to a credit card company lawsuit alleging he was two years late in paying $241,000 in charges at a Manhattan strip club.

The telecommunications carrier said Robert McCormick was placed on unpaid leave effective Monday, pending the outcome of the investigation. Jack Finlayson, president and chief operating officer, has been appointed acting CEO.

The lawsuit, brought by American Express against McCormick and Savvis last week, charges that the two were late in paying charges rung up on McCormick's corporate credit card at Scores, a trendy New York strip club.

Savvis said earlier on Monday that McCormick did not seek reimbursement for the $241,000 in charges and that the St. Louis-based company has not made any payment to American Express related to the charges.

The tab is at the center of a lawsuit filed last week by American Express. Savvis has said it was responding to the suit.

American Express claimed that McCormick rang up the charges in a single visit to the club, while entertaining a small group of business acquaintances.

The bulk of the charges were for tips that McCormick gave to lap dancers who were entertaining his party in a VIP room known as the President's Club, according to Scores spokesman Lonnie Hanover.

Savvis also said it had retained law firm Sullivan & Cromwell LLP, and that, upon completion of its investigation, the board's audit committee would recommend appropriate action to the full board.

"Savvis officials do not intend to comment further on this matter pending completion of the investigation," the company said in a statement issued late on Monday evening.

McCormick and a company spokesman did not return earlier calls seeking comment.

http://today.reuters.com/business/ne...&imageid=&cap=

I call BS on Scores.

It's hard to say, I read in a different article that for every large expenditure ($10k was the example given), the customer must get on the phone with his credit card and approve the amount, and that everything is well documented.

[SittinOnDubsWGW]

Here was an interesting quote on another forum in which I read this.

I read an article on this in the local paper today, they had the price breakdown as this (New York Post):

30 Bottles of Clos du Mesnil champagne at $3,200 each: $96,000

350 Martinis at $22 a piece: $7,700

750 shots at $17.50 a pop: $13,125

850 bottles of water at $9 each (lol): $7,650

65 private rooms at $1,000 each: $65,000

Keep in mind this all took place in one single night. According to the article it was just him and 3 friends. How is this possible? How do 3 people get 2,576 lapdances over a one night period? Thats 71 lapdances an hour each. One lapdance every 50 seconds for 12 hours straight. (Assuming 12 hours). Thats Who are they buying 350 martinis and 750 shots for? Even if they're buying drinks for themselves and all the strippers, assuming a twelve hour period, 30 bottles of Clos du Mesnil, 350 martinis and 750 shots is enough alcohol to kill 50 people from alcohol poisoning. What are 4 people purchasing 65 private rooms for? 850 bottles of water... Even for peoplee who haven't already consumed a swimming pool's worth of hard liquor, 850 bottles of water would be more than enough to quench the thirst of, and bloat 150 people. I can't imagine drinking 8 bottles of water in a one night period, but they bought enough for 100 people to do this...

[Carnivorous Flavor]

if dubs' fact are correct, scores am a disgrace.

[Niger Angelus]

That is why I am going to Showgirl III tomorrow. [img]smile.gif[/img] Good times never cease from taking place there.

[migite]

i wish there were stripclubs where i live but the nearest ones are in Bangkok! Yeeeha~!

[Niger Angelus]

Wow! I am sorry to hear that man. There is nothing like sitting with buddies, drinking beer, and getting titties rubbed in your face.

[ur my bitch]

Those are the actual costs of drinks at Scores!, no doubt

[Ugly Bastard]

Maybe they picked up the tab for everyone in the club for that night?

-UB