Wall Street is largely a boys club, a place packed with hypercompetitive tough guys proud to wear their machismo on their sleeves. Yet there’s still one investment the Street is generally wary of: porn.
That’s why Francis Koenig, a onetime Wall Street hedge fund executive now based in Los Angeles, believes there are riches to be made by matching investors with “adult entertainment” companies. He believes that plenty of people would back the industry if there were vehicles commonly available to do so.
Think of Koenig as a porn launderer. He makes it acceptable for the DAR to get a piece of some of that $12 billion-per-year smut money.
Originally posted at: http://cmoore.com/2006/11/10/one-way-to-make-money/
