Ace Cowboy

Stream Some Soul: 100 Days 100 Nights

It’s impossible not to fall in love with Ms. Sharon Jones at first glance. She’s at once a struttin’ storyteller, a sassmouthed soulstress, and a sensational seductress, all backed by

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Briefly: The Softest Launch In Web History

So, apparently, and we’re not sure when this happened, but Amazon.com’s long-awaited challenge to iTunes is open…maybe…we think. Amazon’s new mp3 store is offering unprotected music files at a cheaper

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PBS’ Austin City Limits TV Schedule Out

The PBS schedule is out, and Pitchfork‘s got the story: Norah Jones begins the televised festivities on October 6th, while most music-lovin’ New Yorkers will be on Randall’s Island for

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You’re Nobody ‘Til Somebody Grifts You

When I met former Phish keyboardist Page McConnell last May in the JFK airport on my way to San Francisco, my first thought was to thank him for all the times his band awed me silly. My next inkling was to ask him to buy me some magazines and a Snickers with almonds at the terminal’s Hudson News, the least he could do for taking so much of my disposable income lo these many years.

Phish


But just last week a little birdie told me to pick up a fairly new book by Emily White called You Will Make Money In Your Sleep: The Story of Dana Giacchetto, and that quasi-biography shed some new light on where all my ticket and merchandise money had gone.

Giacchetto, a hip money manager for Leonardo DiCaprio, Tobey Maguire, Cameron Diaz and the popular rock band Phish, became known as Scammer to the Stars when he pled guilty to fraud charges, spent years in jail and was banned for life from working in finance. And as it turns out, Phish was the biggest loser:

In December 1999, the accountant for Phish notified Dana that he’d discovered a $3 million discrepancy in their account, and he was preparing to sue. He had an urgent meeting with the band and warned them that they had been robbed. In the story of Dana as a thief — a story Dana still denies — Phish was the extreme loser; their account was mercilessly ransacked…

And here I thought Phish fans were the extreme losers…turns out it’s the band. I keed, I keed. Anyway, I’m making my way slowly through White’s book, and it’s an interesting read even without the Vermont foursome (and, in truth, they only show up on four or five pages). Phish eventually re-claimed their pilfered millions in surprising fashion, but read on after the jump for full excerpts of the band’s plight.

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