One conference attendee was spotted stumbling out of the casino at The Venetian at 3 a.m, a few hours before the start of the conference, by Scott Victor, managing director at SSG Capital Advisors. He didn't name the reveler.
Several distressed professionals attended Cheetah's, a gentlemen's club. No word on what pops up on the company credit card statement.
"Sometimes I feel like a therapist, getting a company to come out of its shell," Robert Hockett, principal at DDJ Capital Management.
Robert Lass, managing director at Radius Equity Partners, broke out into song and impressed fellow conference attendees with his rendition of "Georgia On My Mind." Lass was accompanied by a street performer in the Grand Canal Shoppes at The Venetian hotel.
"At the risk of making a sexist analogy, I have an arrangement with my wife that she's not allowed to fire the cleaning lady until she has a new one identified," John Stark, managing director at Corporate Financial Advisors in Milwaukee, Wisc. and chairman of the conference, suggesting distressed players should identify new corporate management teams before they pink-slip the old ones.