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After Arnault hired him in 1997, Jacob's partying--such a glamourous clutch for the insecure "poseur"--got out of control. "It's a cliche," Jacobs says, "but when I drank I was taller, funnier, smarter, cooler." Using cocaine and even heroin almost nightly, Jacobs stopped showing up, got thrown off airplanes, and pissed off his staff, who ultimately found their boss's debauchery a pain in the ***. "I would come into work and fall straight to sleep," Jacobs says, "and then I would tell everyone to come in on a Saturday because we were behind, and then I wouldn't show up."
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i just found this... it's an old article and he talks about the last time he had problems with drugs and stuff...
Excerpts from Lost and Found by Amy Larocca, New York Magazine Aug 29-Sept 5, 2005