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Lacey Blake

Lurking Reader




CNBC Says "Mike South - South is the Nikki Finke of the porn industry. His blog, which is never short on opinion, is a must-read among industry insiders. His style is unique, but he is also a leading agent of change within the industry. There are few fence-sitters when it comes to opinions about South, but no one ignores him."

Recent Comments

  • New HIV Performer That Tested Positive (45)
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    • jilted: Medial necessity and the lab. Doctor sends blood to lab and orders a slew of tests. Doctor also sends patients insurance billing...
    • LurkingReader: “Medically necessary” is the key term and docs are pressured every way possible from insurers and regulators to ensure...
    • mharris127: I don’t know about private plans anymore but Medicare (government insurance for those over 65 or long-term disabled on Social...
  • A First hand Account Of Uncle Peg’s (Michael Whiteacre’s) Day In Court (6)
    • LurkingReader: Who says they got away with it? Saw a judge add contempt of court add end of an abusers sentencing, with caveat that fine be paid...
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    • mharris127: WTF. I am not a fan of Pink Cross Foundation (I actually think Shelley Lubben is a crook, I have seen the tax returns and the expenses...
    • Cindi Spiegler: I’m enjoying this slo-mo train wreck.
  • Porn Addiction Is A Religious Myth (4)
    • jilted: There is no doubting the science that viewing porn stimulates certain areas of the mind, the endorphins, and all that stuff. But lots of...
    • LurkingReader: ‘Porn Addiction’ isn’t new and plenty who never stepped into a church are reddit no fap regulars, SA members or...

Cyprus Freezes Accounts, AVN and Manwin Bank There

To make a long story short Cyprus banks are in trouble and they need bailing out by the EU.  The agreement being that Cyprus will levy a 6% charge on all accounts with under 100,000 euros and a 10% charge on all accounts over 100,000 euros.  The percentage taken will be converted to bank stock, which is virtually worthless.

Savings accounts in Cyprus have been frozen and ATMs are all empty.  The countries legislators will vote on this tomorrow and it is expected to pass.  Cypriot banks have long been tax shelters and places to hide ill gotten gains for eastern European crime syndicates.

Interestingly both Manwin and AVN are headquartered (officially) in Cyprus.  AVN’s Theo Sapoutzis is a Cypriot.

Manwin has been in the process of relocating it’s headquarters to Dublin, Ireland but they apparently still have cash assets in Cyprus.

Looks like people are going to have to look elsewhere to launder money now…..