"Three-spin Louie" used to cut my hair as a young boy, and my grandfather went to his barber shop at least once a week for a trim and a shave, occasionally dragging me along. I'm not sure how good of a barber he was (I had a buzz), but he sure could talk. He and my grandfather solved the world's problems each visit, only to start all over again the next week.
When I was searching for a name for MIPTC's first annual best and worst awards for the legal world, it seemed fitting to choose Louie's name given his penchant for national affairs.
The "three-spin" nickname? My grandfather regularly said that it took Louie only three spins of the barber chair to cut your hair. At the end of the third spin, you were done, whether your hair was or not.
That'll be two bits, please.