Wes Borland

Limp Bizkit’s Wes Borland Says Deftones Made The ‘Right Move’ To Distance Themselves From Nü-Metal, Reveals He Went Broke Following 9/11


Limp Bizkit guitarist Wes Borland appeared on an episode of Dean Delray‘s ‘Let There Be Talk‘ podcast which was recently uploaded to YouTube, discussing his various projects, his struggles with dealing with fame, record label clashes,  his 2000s departure from Limp Bizkit and more.

The conversation digs fairly deep and finding Borland even going so far as to reveal that he lost over a million dollars during the stock market collapse that followed 9/11 and more.

Also covered was the long-gestating new Limp Bizkit album, the fall of nü-metal and more. On the latter, Borland admitted that the Deftones made the ‘right move’ to pre-emptively distance themselves from the nü-metal genre, opting to not tour with the likes of Limp Bizkit, Korn and more around the release of their “White Pony” album. The following exchange took place regarding that:

A lot of people think that the term ‘hair metal’ it’s like a derogatory thing that record company secretly made up to trash it once grunge hits. And it’s really looked at upon as clowning like, ‘Oh, look at these hair metal bands,’ and all that stuff. Do you feel the term ‘nu-metal’ now is also the same thing?

“I don’t know. I think everything goes through its period of rising up, and then people think, when something new comes in, people are, ‘Out with the old, in with the new,’ and kind of trash what came before.

And then they do it again, then they do it again, and then all of a sudden – it becomes full-circle, it comes back. I don’t really like the bands that were our peers.”

Who was in that era? Because you guys were really the kings of that, and then it just seems it’s like what labels do every time – ‘Let’s find 16 Motley Crues, let’s find 20…’

“Yeah, there was a ton of stuff like that, a lot of it sort of all developed at once – Korn, and the Deftones… The Deftones really tried to separate themselves from everything, which was the right move, for sure. Because they were able to maintain longevity.”

Same with Korn, it’s interesting with Korn – because they never stopped, and they also just manned up and were like, ‘Yeah, this is what we play.’ It’s a lot like Insane Clown Posse. People can say whatever they want about that whole thing but they’re still going. And they’re humongous. Do you ever think that in a GN’R way, because GN’R was all the way at the rock bottom with the complete Village People version of them – do you ever envision Limp Bizkit coming back big in America?

“I can’t imagine it would. I don’t really have any expectations of it because I’ve found that I have no idea what people like and don’t. I do this thing all the time where I’m like, ‘Oh, that band is gonna be huge but what do I know! Or that band’s never gonna do anything, or nobody’s gonna like that movie.’

And I always go, ‘But what do I know…’ Because I’m wrong all the time, I have absolutely no idea what’s gonna work and what doesn’t. Because I’m not trying to make anything work, I’m not looking at hits, I’m doing what’s inspiring to me. And if it happens to connect with people – great.

But I’m not in a studio trying to cook up with some producers like what’s going to be the next big thing. I mean, I’m 42, it would be embarrassing for me to try to be cooking up what the next big thing was.

Where I am right now is – play a few Limp Bizkit shows every year, there’s a record that has been in the works for a long time and not at a place where I don’t think it’s going to get finished anytime soon. Maybe it will, but I’m not sure.

It’s been a bunch of songs that have been floating around for four years now, and little by little, stuff gets added to it. But I think that we’re all into such different stuff that making a Limp Bizkit record is kind of difficult.

We don’t live in the same city anymore, so I’m not sure what’s going to be, or when it’s going to come out, or what’s going on with it. But it’s weird to be in a situation where nobody wants to hear new material anyway, they’re coming to the shows for nostalgia and want to hear the old songs.

So what’s the carrot for us to write to a new record at this point – if we’re all interested in doing other music anyway…? If it happens, it will happen at some point.”

As for losing nearly all of his money in the early 2000s, he offered:

At one point, was it just massive money?

“Yeah, like a ridiculous amount of money. And all of my money got really aggressively invested in the stock market – high-risk stocks.

Because at that time, this is one of the things, this is one of the ideas of arrested development – because I was just like this you said, when you’re in it, you think it’s never going to end!

Because people are just stroking your ego going, ‘You guys are the best thing ever, this ride is never going to end,’ and positive, positive, positive.

The buzz is on, and then you’re like defeating boy bands on TRL – we felt like gods! And so I was just like, ‘Yeah, man, invest it all! If we lose it all, who cares? There’s more where that came from!'”

And did you lose it?

“All of it. 9/11 happened and I lost well over a million dollars in the stock market. Just gone – poof! And what’s crazy is – I was just like, ‘Whatever.’ But I had nothing! That was all my money!

And I was like, ‘Don’t worry, we’ll make more money.’ And then I was like, ‘Actually, I don’t want to.’ And I quit.”

Oh my god! So you quit and you had no money at that time?

“Yeah, and I look back on this it’s just like, ‘God, you’re an idiot.’ And everyone listening to this will think I’m an idiot too, but this is how hard-headed I am and was at the time.

They were like, ‘All the money’s gone, you lost all your money in the stock market. We have touring set up next year and you’re gonna net 5 million next year.’ And I said, ‘You can shove it up your fucking ass. I’d rather be poor and left. I was in the management office and they were just like, ‘Okay.’ Yeah, I’m like the most hard-headed idiot.”

Now, when you look at it the other dudes, were they broke too?

“Yeah, because their money was kind of invested in the same way.”


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