Thursday, July 17, 2014

Feds shut down Lakeside Capital


Firm's principal misused client funds says SEC


Madison Park's Lakeside Capital Management, founded in 1997 and solely owned by portfolio manager Dennis Daugs since 2010, is ceasing its operations as a result of a recent action by the U.S. Securities and Exchange Commission.  The SEC, in an order today instituting administrative "cease and desist" proceedings against both the firm and Daugs, states that Daugs "used over $8 million in client advisory assets to conduct undisclosed actions that fraudulently breached his fiduciary duty."  (The full text of the SEC order can be found here.)

Daugs, according to a report by Reuters, neither denies nor admits the allegations of the SEC but agreed to be barred from the industry.  A separate news report on the website FinancialPlanning.com states that Daugs is paying $590,000 to settle the SEC charges.  The website states that Lakeside has paid out almost $15 million in customer settlements over the past nine years (though we could not independently confirm this based on the information the SEC released today).

Lakeside has been a prominent neighborhood business, making real estate investments in this area and elsewhere on behalf of its well-heeled clients.  It recently negotiated the sale of the investor-owned Villa Marina apartment building on 43rd Avenue E. at the foot of Madison, which is next door to Lakeside's headquarters (shown above).

According to the SEC, "Daugs breached [his fiduciary] duty beginning in 2008 and 2009,
when he invested a senior citizen Lakeside client in $3.1 million in personal loans to himself. Daugs used the loans to buy a vacation home and refinance his purchase of a rare automobile, and the loans involved a material conflict of interest between Daugs and the client. Yet Daugs did not disclose the loans to the client until early 2010."  The auto in question, according to the SEC, is a rare 1955 "Gullwing" Mercedes, similar to the one shown below:


Also, says the SEC, "Daugs used over $5 million from [a Lakeside managed] fund in undisclosed self-dealing."  These and other compliance violations, say the feds, constitute willful violation of securities laws by the respondents, Lakeside Captial Management and Dennis Daugs, who have therefore been censured by the SEC for their conduct.

Daugs has six months to wind down Lakeside's operations.  The press report by Reuters notes that Daugs, in a recent letter to the firm's investors, states that their investments are not at risk.  The SEC reports that Lakeside had approximately $150 million in assets under management on average and served as investment adviser to about 100 individuals and over thirty private real estate funds during the period the alleged violations occurred.


[Gullwing photo from Wikipedia.]

127 comments:

  1. No wonder he is always such an asshole when I wait on him. He has demons in his head

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  2. According to the SEC filing, after stealing $8M he is barred from the securities industry for only 5 years. How is this possible?

    Here is the ski house that thievery built:
    http://rentalo.com/202670/sunvalley6000.html#description

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  3. Known sociopath

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  4. The truth is he did not steal any ones money. when you actually steal from your clients you go to jail. you don't get a little slap on the wrist like this. and if you Anonymous's really knew him you would know that
    he does more for other people than you ever could or would. lol my name is Anonymous too.

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    1. Taking something that belongs to someone else is stealing. Or are you part of the crowd down at Starbucks who only this morning were complaining that poor persecuted Dennis was "just borrowing the money - it is a complicated accounting technique". He wasn't using it to feed his family, he wasn't using it to pay for a medical procedure to save someone's life. He was using it to buy things he neither needed nor could afford himself. The SEC has far bigger fish to fry, hence the slap on the wrist. But we all know stealing when we see it. You peel an onion, you get a lot of layers - I'm sure Mr Daugs has done many nice things for the community but make no mistake, he is indeed a thief.

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    2. If you have a bucket of money that you give to a person you trust to invest for you with proceeds to benefit you, and he decides to buy something for himself instead, how is that not stealing?

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    3. I have a feeling jail time is in his future, the Feds just haven't gotten around to charging him yet. The SEC does not handle criminal charges, the hand those off to the DOJ.

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    4. I hope you are right. He got off way to easy if this is the extent of the penalties. Seems likely there may be more disgruntled clients with a legal case against him.

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  5. we all make mistakes. they just don't get published. Thanks Dennis for all you have done for me and my family. We would never be where we are today without your help. I wish you the best.

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    1. I don't think you know what a mistake is.

      A mistake does not take place over years. It does not involve falsified documents someone has to prepare. It does not involve other peoples' money. It does not involve deception covered up by falsified information. It does not involve lying to multiple clients over multiple years. It does not involve paying off one client with another clients' money.

      A mistake happens in an instant. Something said without thought. A transposed number. A brief second of inattention....these are mistakes.

      What Mr. Daugs did was criminal, unethical, pre-meditated, repetitive, cumulative, and on-going. It was the farthest thing from a mistake.

      It is nice that he helped your family and you wouldn't be where you are without his help. Mr. Daugs wouldn't have been where he was without criminal behavior.

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    2. Beautifully stated. Pre-meditation and forethought pretty much killed the "mistake" arguement. I wait with baited breath for another commentator to claim it was all just a big misunderstanding. There is no justification for his actions. It is disappointing to discover a friend has made morally reprehensible choices. Stand by your friend but don't minimize the seriousness of the charge.

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    3. "You've done so much for me and my family" that I'm not willing to identify myself.

      Peek a boo, Dennis, we see you.

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    4. Oh brother. You stay anonymous? Why not post your face so we can see who you are? This family is grateful. Now go get a photo of your real self

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    5. Anonymity is a luxury afforded those of us who don't end up in the newspaper for the "wrong reasons," as Mr. Daugs has.

      I feel safe in assuming that someone who clearly views himself to be above the law didn't give a minute of consideration to the impact to his family, should be exposed, as he now has been.

      He, no one else, is responsible for the scrutiny of himself, his family and his lifestyle. As people take their long-awaited shots, he and his wife will need to determine for themselves, if living a little bit higher on the hog than they already were, was worth it.

      Personally, my dignity and my anonymity are worth more than the $8m he sold his for.

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    6. The family is a fiction, that's the difference. Why would an actual supporter, especially one who seems to owe a debt of gratitude, remain anonymous?

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  6. I wonder why King County Prosecutor is not charging him with theft. Using clients' money without their permission is theft.

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    1. Oh, you can be sure charges are coming, and it won't be from the King County Prosecutor. The SEC usually files the civil complaints, and leaves the criminal action to the DOJ. I highly doubt Mr Daugs is out of the woods yet.

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    1. Leave his wife out of it. I am sure he lied to her as well.

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    4. Bet money on it you don't even know her. Can't show your teeth because you have none

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    5. Kinda type we talk about behind us back. What? R we in 9th grade. How hateful to say. Just say it in private. Remember what MLK said about being hateful....
      And talking about someone's teeth. Do you sit in Madison Park on your bench and judge everyone that walks by? We'd love to see your teeth! Come on- show em.

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    6. This comment has been removed by a blog administrator.

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    7. You say our circle and then you say Dennis Daugs circle. If you were you wouldn't comment on teeth because you & your wife are jealous she looks great. Always has. Always will. I don't think you are a part of a good community talking white trash the way you are. Nice shot though my man

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  8. Hey, if you're going to have a midlife crisis, having it using other people's money is the best way to go.

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  9. I live in Broadmoor and have dealt with the Daugs before. "Beware of Dogs...errr Daugs!" Two large mature cedar trees behind their home suddenly *died* on the golf course a few years ago. Groundskeepers suspected poison for a better view. I always wondered. ... Now after today's news I'm thinking it could be true! Dennis has a horrible reputation in our circle. It's unfortunate he is so consumed by greed. I had to chuckle at the veneers comment. My wife thinks the same.

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    1. And what Broadmoor circle are you in that you go and bash your neighbors publicly?who talks about someone's veneers? I bet your wife is one jealous lady. You sound like one crummy unkind Human being picking on her. Loser. Hateful.

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    2. I'm in the Dennis Daugs' circle baby.

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    3. And your right that circle seems to be shrinking!

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    4. Apparently you are next! Birds of a feather

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    1. She did not steal money from Children's - she helped to raise money for it. Why should she be removed from the guild? The EHR Guild throws parties and auctions to raise money for uncompensated care. Most of the guild members are her closest friends. Unless, in true Madison Park form, they decide to jettison her from their elite group and find another bobble-headed, fake toothed and fake boobed party planner to take her place.

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    2. Eleanor Henry Reed Guild = Real Housewives of Broadmoor!!!

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    3. This woman has no idea where the members of EHRG live or she wouldn't be making this comment. Do we hear a bit of jealousy for those who raise money for Children's? Poor thing.

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    4. Hey. Kim Daugs has done more for Children's than I bet your jealous lazy rear ever has.
      If you only knew - one cannot fit an entire family in that fancy car and one would never take it over the mountains to the snow. Hater show your face!

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    5. Hey dummy- she wasn't saying verbatim lets take a million dollar 1955 gull wing merc to sun valley in the snow.....
      Her point was .....become more worldly and think about someone other than yourself dummy.

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    6. Wait, I thought the car flew??

      Why else would you need a car with wings, except to avoid driving on the snowy roads to your ski chalet.

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    7. Who uses the word dummie? Immature, elementary bullies? Yes, we get her pt.
      Write from your lonely apt desk and tell everyone what you have done to save the world or help children at Children's Hospital.
      Countless hours.... Endless amount of work is put into participating in a fundraiser for Children's. Some guilds raise 1,000- some raise 500,000's. Children's needs it all. If those with more funds are willing to donate. Good for them! I've seen countless wealthy families donate nothing. Turn that frown upside down and grow up lil girl. Peace to you.

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    8. You speak as if you know the motivation for Mrs. Daugs being in a fundraising guild, but do you really?

      She may do it out of the goodness of her heart. She also may do it to boost, or maintain her social standing, as a chance to plan lavish parties using other people's money, or, as a chance to rub elbows with other wealthy people. The Madoffs, Helmsleys and many, many other not-so-upstanding wealthy people are on boards and in guilds for all the wrong reasons.

      You urge others to be careful not to jump to conclusions, yet you are making a pretty big leap yourself.

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  11. "He's done so much for the community" Signed "Dennis", oops, almost forgot to make that "Anonymous".

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  12. To the person who commented, "I wish you the best." WHO on earth says or believes that when the below is fact. Idiots!!!

    "The SEC, in an order today instituting administrative "cease and desist" proceedings against both the firm and Daugs, states that Daugs "used over $8 million in client advisory assets to conduct undisclosed actions that fraudulently breached his fiduciary duty."

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  13. Dennis, thank you for saving our village. I know you wanted to remain anonymous, but the people need to know about your good heart and how you bought the ski chalet to serve as a school for our impoverished youth. Signed, anonymous.

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  14. Time to repossess............:)

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  15. I like Madison Park, it has great charm and an understated feel to it - why are all these comments "Anonymous"?? Really, just say it how it is - this guy was nothing more the an ego maniac, insecure, small penis fuckhead! I bet he had diarrhea of the mouth, just non stop crap. I know a lot of you already know this of him but were too polite to say anything, that's ok - he got it the end - thank God

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  16. I'm confused. Does the senior citizen who unwittingly made the ski chalet and the silly car possible get to use the chalet and drive the car on weekends?

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  17. He looks like such a nice young man.

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  18. What I find strange is the posing as being somehow trustworthy. I guess that was the way it worked well. While dipping into clients funds, he criticizes other people for not fixing properties up, and also gives advice about not spending too much during the recession. Also was president of the board at Hamlin Robinson. What a phony guy.

    http://blog.seattlepi.com/dennisdaugs/

    http://www.seattlemet.com/news-and-profiles/articles/smart-ways-to-manage-money-1010

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  19. This is more exciting than the cross dressing, suicidal, bank robber from a few months back!!! Anyone who has ever been in the securities business knows that rule #1 is the clients money is not your money. So he paid some interest (at the prime rate) and even some interest, but this is crime, in my opinion, should have a few years of jail time!!! HE IS A THIEF THAT GOT CAUGHT STEALING, LOCK HIM UP.

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  20. He was probably abused as a child.

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  21. Daugs publicly lectures on "deceit and deception" -http://blog.seattlepi.com/dennisdaugs/2009/09/30/is-there-a-mastro-in-your-portfolio/
    ...prior to settling millions in claims for same.

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  22. You have to check out the riveting testimonial video that his wife gave about the closets in their home.

    http://www.californiaclosets.com/california-closets/daugs-story-video?render=shadowbox

    Oddly, there is no mention of skeletons.

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  23. "The press report by Reuters notes that Daugs, in a recent letter to the firm's investors, states that their investments are not at risk."

    From the sound of it, their investments are probably as safe as they've EVER been, now that he is being monitored.

    What a slime.

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  24. I can't say I did not see this coming. Mr. Daugs has made his bed, and from those he has directly hurt, lied to and violated he will face the consequences with them. I have personally experienced the crazy making behavior or Mr. Daugs Jekyl/Hyde personality. His investors I am sure are not the only people he has decieved. It's a confusing place to be, especially if you have met his wife. Which brings me to urge you to please stop expressing insults towards her.
    Mrs. Daugs is a kind and sincere person who loves her family and community. Anyone who has met her knows this. I am not a person of social stature, wealth or influence and I know first hand that she treats everyone she encounters with kindness, respect and sincerity.
    Madison Park is a beautiful community outside and I hope inside. It saddens me to see some of these hateful/hurtful comments towards Mrs. Daugs. I hope her friends are able to put social judgement aside and be there for her at this time. Mr. Daugs will be judged accordingly by the appropriate parties. For Mrs. Daugs I hope you'll find it in your hearts to extend compassion.
    May we move on to reading wonderful news about the Madison Park Community and stop giving Mr. Daugs any more attention.

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  25. I vote we take Dennis Daugs to the Seattle Tennis Club board and have him kicked out. Forever. Crooks and pedophiles not welcome. Sick Freaks.

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    1. I second that!!!

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    2. This is a terrific idea. While we are at it lets make sure to go after the members who are career alcoholics with numerous DUIs and accidents, those members who can always find the money to pay their STC bar bill but have been dragged into court multiple times for non-payment of child/spousal support, the pervy old guys with a penchant for dewy young coeds and those who commit flagrant marital infidelity. Oh, we should also make sure that narcissists are out and the classy members who "forget" to sign in their guests. Lets not forget those who neglect to follow the cell phone rule and those members who use the club as a day care for their underage children. Hmmmm.... seems like the Daugs family are not the only STC members with a skeleton in their closet

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    3. if you rid the club of these people...who is left?

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    4. maybe it would make room for all of us on the waiting list who actually want to join to play tennis

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  26. Kim is a truly classy woman. I'm not sure she knew much if anything about this. Even if, she probably didn't know enough to not stand by her man.
    Dennis... I didn't trust him, very smooth, but too much talk. The amount of client settlements over the years is astonishing and I wonder how that could stay under the radar. Probably had a great lawyer to not end up in jail (yet)

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  27. Kim is a truly classy woman. I'm not sure she knew much if anything about this. Even if, she probably didn't know enough to not stand by her man.
    Dennis... I didn't trust him, very smooth, but too much talk. The amount of client settlements over the years is astonishing and I wonder how that could stay under the radar. Probably had a great lawyer to not end up in jail (yet)

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    1. A websearch shows her linkedin profile says she is an independent financial services professional and she has time to shop at California closets:
      http://www.californiaclosets.com/testimonials/daugs-story

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  28. The comments here about Kim Daugs are offensive and disgusting. What a petty and mean-spirited thing to do in a time of emotional distress like this must be. It doesn't excuse the behavior of her husband, but she's a sincere, kind and thoughtful woman and deserves support.

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  29. I have a feeling Dennis is writing quite a few of these comments.....so funny. SEC usually doesn't make house calls.

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  30. So long as Kim did not know or participate in Denny's crimes, I agree with the above. If it is found that she knew and covered up or participated.... feelings will be very different. Hard to believe with "the amount of settlements over the years" being astonishing, that a "classy" smart woman like Kim would not know her husband's privately owned firm was criminal. In addition, Denny's erratic "Jekyll and Hyde" abusive unjust outbursts should signal in a smart woman, that something is terribly wrong with the man she married.

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  31. These personal *critiques* of Kim Daugs are reprehensible. All of you "stone throwers" should take a good hard look at yourselves and channel all this negative energy into something positive.

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  32. Only thing Daugs is missing is a string of high-end call girls who he probly paid w/ investor $$

    oh, wait....

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    1. Typically, people who are that greedy and like material things so much are compensating for something, if you know what I mean.

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  33. Don't know either of them personally, but I can say - in defense of Kim - that it is likely that her husband changed over the years. Was he always such an angry, entitled person? Or did it get worse? Pretty hard to walk away from a marriage and rip the family apart when it's "just" an anger management issue (how many women are stuck married to a**holes but committed to their kids). Further, mental illness is something we as a society don't fully understand. It's pretty pathological to lie to people. And it seems to me that someone is pretty off if they steal from people and characterizes it as "a mistake." That's just plain wrong and people who are thinking clearly would get that.

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  34. Everything is out in the open now.
    Dennis admits to doing nothing wrong.
    They still own the chalet and car.

    Mrs. Daugs may not be responsible yet, but the next time she sets foot in the chalet, or in the car, she is as dirty as he is.

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  35. Mrs Daugs is kind and thank you to the blogger who said good things about her. She will get support. To the blogger who said let's turn this hate into positive. Thank you. To the person that said, kick em out of STC. Really? There's thiefs drunks and deceit everywhere. Stop blasting Mrs Daugs and her kids. No, this isn't Dennis.
    To the envious that comment about veneers..... Bizarre you are. How many people just around Seattle get their teeth worked on or anything else on their body? Such hate and vengeance.
    There are so many horrid things going on in this world right now. Hate Mr Daugs. Comment on him. Take him down but give peace a chance and let the other stuff rest. You sound like you come from a dark hateful place and to even write words such a you did....anonymous or not.....it's apparent the type of hater you are.
    Focus on him and the larger things in life. Dudes, get a life.

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  36. He is a well known ass and will never change. He just bought a new car, wonder whose money he used ( I am sure NOT his) So sad he brought such shame on his wife and children. They will have to live with that. Greed Greed Greed was it worth the price ur family will pay

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  37. Madison Park and STC is chock full of people like this these days, and is part of the reason we quit for good several years ago. Slick, glad-handing software types with their bleached blonde barbie-doll wives. Children like tater tots - golden and packaged. It breeds an uncomfortable and elitist atmosphere now that is stifling. This is what the world looks like when the rich get richer, sadly.

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    1. Glad to hear we were not the only people who got sick and tired of the neighborhood and the club and moved on. Unfortunately the "people like this" problem is less about money and more about the vulgar aspirational types who have moved in. Some are wealthy, others are living paycheck to paycheck to make it look like they are. They all seem to believe that it is all about them all the time. Their tater tot offspring (tater toddlers?) are being well schooled in this mindset. We knew it was time to go when a 6 year old at STC told a staff member to clean up his mess because his daddy would have him fired if he didn't. The mess was a food fight between he and his friends in the Canoe Room. 6 years old, no parents in the room (they were getting lit-up in the bar) and a 20 year old college student with no recourse. It wasn't a hard decision to quit since this describes the vast majority of the vapid membership. Gone are the good old days when you knew your parents friends were watching your every move and wouldn't hesitate to take you to task.

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  38. Do not attack his wife or children. It's all Dennis...Kim has only tried to keep the peace.

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  39. is that all she can do? pathetic

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  40. Kim did a sucky job at "keeping the peace." Hahahaha

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  41. Almost every person here who lives in Madison park, is another hungry rich white dog, who have been grieving for money their whole lives, just like Dennis. You all come up with radical ideas to make Mr. Daugs pay for being a thief, when you have no authority to make such decisions. Most of you have been jealous of Dennis for years, I guarantee, and are just glad that something like this happnened to him, but your hatred of Dennis is not for a real cause. Its because you all wanted that money he had, and now you feel superior because another top dog in Seattle with money has been knocked off. If any of you rich white people were given a whole lot more money than you deserve or already have, like Dennis, you'd use it on yourself. Not for a good cause. You wouldn't help other people who NEED it. And I ain't talking just poor starving kids in Africa. That's why I am so ashamed by Madison park, because most of these rich people do selfish stuff with their money, and their kids are spoiled and get away with doing all these drugs, and then they stereotype black ppl, and Mexican ppl and etc for being the troubled teens in society, when it's really these rich white kids and it's their parents faults. F* that.

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    1. pulease.......... I am rich and give away a lot of money The last person I am jealous of is Dennis Daugs why don't u move out of madison park

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    2. People are people. I know very wealthy people who are as nice, humble and generous as they come, and ones like Dennis Daugs who think they are above it all. The odd thing is, I know very poor people who fall into those same two caetgories.

      Point is, generalizations are pretty much worthless.

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    3. Dennis, you cant be so obvious with the comments you post on this blog. I assure you NO ONE is jealous of you... you scammed people, cheated and should be ashamed.

      By the way, if you don't like Madison Park, leave. It's pretty easy... oh wait, I have a feeling you will be shortly.....

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  42. I refuse to be anonymous (it seems the only choice) so I am signing my name. I have just two things I wish to relay. Get a life, and tend your own business. -Allison Sander

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  43. Dennis should have minded his BUSINESS

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    1. As I stated, we all ought to be minding our own.

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  44. if u were minding ur own business u wouldn't be reading this blog

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    1. I cannot argue, and point taken. But is it that hard to type your and you, Anonymous?

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  45. Sorry Allison, when a pompous ass like Dennis gets humiliated it is pleasing to many. I speak for the waiters and waitresses in MP, 95% of the time he was a complete ass____

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  46. That's one of the huge, yet under-rated drawbacks of committing crimes. Your private business becomes public business.

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  47. Ali- Denny is a wolf in priests clothing!!!
    We get it, don't you?

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  48. Ugh- I would have never posted my name....

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  49. It's pretty disgusting that people take pleasure in others humiliations, faults, crimes, and horrible misfortunes in life. I thought this was a community that supported each other and had each others backs. Despite whether he was an ass or not, Who the hell are you to judge anyone? Specifically commenting on Kim - tacky, classless. Get off your high horse buddy. Their are plenty more of self entitled assholes around the community. You sound like you fit that bill yourself. This will be this weeks gossip, until someone else cheats on their spouse, steals from their family, goes to jail, or has some other misfortune.
    Great people talk about ideas, Average People talk about things, Small People talk about other People.

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  50. Love that last sentence...Great Average Small. It's "events" not "things", and an Eleanor Roosevelt quote. The SEC's closing of Lakeside Capital (solely owned and operated by Dennis Daugs) for misappropriation and fraud qualifies as an event. So perhaps some here are at least Average and entitled to share their opinion, judgment, anger, surprise (or lack thereof)? But I agree with you, some disgusting comments as a result of some disgusting conduct.

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  51. Great minds discuss ideas; average minds discuss events; small minds discuss people.

    Eleanor Roosevelt

    What makes you entitled to share your judgement, who the hell are you to judge?? I'm pretty damn sure your not God, nor Oprah, nor the president. Clean your own side of the street, sweep your own porch, before throwing stones from your glass house. Regardless of his conduct the disgusting comments come from disgusting classless individuals themselves. Just because someone does something wrong or handles their business affairs inappropriately doesn't give anyone the right share their personal judgement, or anger.

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    1. So Oprah and the president have a right to judge, but not the people in the community who have been directly, or indirectly, effected. Got it.

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  52. classless people deserve classless comments He is a thief, self absorbed and greedy greedy greedy who NEVER thought of his family

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  53. handles their business affairs inappropriately ???? wow he's a liar and a thief read the SEC report

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  54. I dont care what he is, its not for me to judge and doesn't effect me He is he is he is. What are you? PERFECT? riiight!! as you sit behind your computer to tell your neighbors what you really think of them. That's High Class for sure!! I'm guessing you have opinions like these of other neighbors that you will be gossiping about next week.

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  55. not his neighbor thank god and sure not a liar and crook

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  56. SICK of all the people saying don't judge, mind your own business, etc. They are the SAME ones who go to Catholic church where for eons priests have been f*ng kids and hiding it and the church covering it up. Maybe Dennis should go to church. Hahaha

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  57. Bryan - You just posted on Facebook that you're going to edit out all the sniping about this man's family. Why is it all still here? Wow, I don't even know these people but I now know that Mad Park has one ugly, hateful bunch of folks in it that they're going after the wife's breasts, teeth and head size (!) as a way to attack the husband. Money clearly hasn't purchased any class in this bunch. Good grief.

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  58. We were at a dinner party last night discussing the concept of greed and what drives people to cross the line and the subject of this blog came up. There happened to be two couples at the party who had each lived in Madison Park. Neither couple have been particularly forthcoming about why they left but, as comment after comment was read aloud, they kept exchanging knowing looks across the table. When the nasty Kimberly comments were read, it prompted one of the wives to say "we left because I needed my daughters to understand that friendship is not being nice to someone's face and ripping her apart behind her back. It is not relishing others misfortunes and dishing about it publicly." To which the wife of the second couple said "we moved there because it looked so well tended and pretty. We figured out early on that this facade was where the beauty ended. It was not a neighborhood of people who would offer you a helping hand if you fell down. I was OK with that until we had kids since I figured we could pick ourselves up, dust ourselves off and move on. After kids we realized that this crowd wouldn't help you up but they wouldn't just walk past you either. Before walking past you they would make sure to get in a good sharp kick to the solar plexus!!"
    We finished the evening with a toast to friendship!

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    1. We moved out of Madison Park about 2 years ago after living there for over 20 years. Some of our neighbors were really nice, some of them entitled assholes. Overall, looking back and comparing Madison Park to our new neighborhood, I would say it is less friendly than many other neighborhoods. There are a lot of hedges and other barriers that keep people separated from each other. Being cordial is not the same as being really neighborly and helpful. I tried to help the neighborhood by working to get the fence down on the waterfront park in North Madison Park. I was for taking down the fence, and as a result got a lot of nasty comments from people, one from a well-dressed harpy in the line at the Red Apple. One of the other people on the committee I was on referred to the Parks people involved as 'less than fecal matter'. He was a Madison Park resident nationally known for some excellent work he has done for the community. Overall, quite the mixed bag in Madison Park. I have to say that I'm happy to have moved on.
      Having said this, I do agree with Bryan that ad hominem attacks, particularly against someone's family members are inappropriate and should be removed by the blogger. Thank you Bryan for your wonderful blog.

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  59. are u kidding it happens in EVERY neighborhood Madison Park is filled with wonderful kind and giving people My children grew up here and everyone watched out for each other and their families. Still do. If Dennis hadn't been such a jerk to everyone in Madison Park, From wait staff to drivers to neighbors, it would have gone down differently. He was an accident waiting to happen Its just a shame he thought so little of his family

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  60. This comment has been removed by a blog administrator.

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    1. "I am innocent and I have done no wrong other than to misuse some investment funds..."

      Perfectly clear why the SEC closed your business and barred you from the industry.

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  61. Narcissistic personality disorder (NPD) is a personality disorder[1] in which a person is excessively preoccupied with personal adequacy, power, prestige and vanity, mentally unable to see the destructive damage they are causing to themselves and to others in the process. It is estimated that this condition affects one percent of the population.[2][3] First formulated in 1968, NPD was historically called megalomania, and is a form of severe egocentrism.[4]

    Credit- Wikipedia

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  62. Make good choices, make good friends, make good bonds.
    Make people be proud of you and who you are and what you and your family stand for! Create outstanding family values! Be genuine.........
    Don't ever fail your family!

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  63. Deny-
    The word asshole (often arsehole in British and Australian English), is a vulgarism to describe the anus, and often used pejoratively to refer to people.

    Credit-Wikipedia

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  64. Loser (plural losers)

    A person who loses; one who fails to win or thrive.
    In a two-horse race there is always one winner and one loser.
    He was always a good loser.
    Something of poor quality.

    A person who is frequently unsuccessful in life.
    That guy is a born loser!
    I’m a constant loser in love.
    (derogatory) A contemptible or unfashionable person.
    That person is a loser!
    A person who loses (something, such as extra weight, car keys, etc).


    Credit - Wikipedia

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  65. move ur family out of town for their sakes u r a narcissistic fool

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  66. seriously, now he's blaming his business partners? the guy needs major psychological help

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  67. Dennis Daugs belongs in a mental institution.

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  68. I grew up in Madison Park back in the day..It is so so different now I had to get out of there. Rude, entitled people. Granted there are lots of old timers I miss.. I really miss the old Madison Park, full of characters and community..

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  69. why don't u move

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  70. nice fence loser heard u were working with the bank to keep your house no one wants u in the neighborhood

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  71. Ah yes..... The goofy whimsical gates you gotz. Have you seen them? They are really pretty princess castle powder puff cotton candy unicorn Disneyesk...
    The plants look short- was this a budget issue??? C'mon you can do better than that dinnis.
    Yes to add to the above comment- if you are going to cheapen the neighborhood well...
    Yes it's time to move cuz you ticky tacky neighborhood. Halloween decorating hasn't started yet and they ain't gonna give you the best house decoration award cuz you started early.....
    You do get the pretty princess unicorn puffy donkey house award with dem gates to heaven look tho :). What a follower... Like that is an improvement on design for the overall look. You offer comic fodder for everyone that drives by... Maybe you do this on purpose so as to generate a response from the community but you do weird shit to your house... Weird additions, fix you- not house.
    Those gates are
    So cute and unicorn powder puff cutesy .
    Hugs!!!!

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  72. Denis - any sec updates to share?
    We waitin patiently bro!!
    I got all the time in the world........
    You? :)

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  73. All I can say is wow!! I would love to post my name, I adore Kim and her children, I am sick to my stomach after reading all this...I am not at all perfect and would go into depression to hear you all tell me how horrible I am....yikes!

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  74. If u would LOVE to post ur name then why don't u Dennis deserves the comments He has no taste no friends and no money

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  75. The Seattle Flash: 'Is Dennis Daugs Heading to Prison?': http://www.theseattleflash.com/2014/10/26/is-dennis-daugs-heading-to-prison/

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    1. Why should he go to prison? He only bilked an old widow out of a few million. It's not like she needed the money or anything.

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  76. I knew him in juinior and high school. he was a sadistic bully. At the time when he harassed me I was living with an alcoholic psychopath and was quite miserbale. Dennis enjoyed attacking me as I was an easy target. He finally provoked a fight and after that he left me alone. I thought what he did to me was harmless tennaged male hormones in action. I see that morally he hasn't change. He thought he was syuperior and enitled then and he stills does now.

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