economic downturn

  • Kappa Beta Phi

    Wall Street actually has a fraternity (a real one, not just a bunch of offices where bankers act like frat guys). They like to get together in rooms and sing pop songs with rewritten lyrics. This year, it was “Bye, Bye to My Piece of the Pie” (American Pie), which at least reflects some sort of self-awareness, if not propriety or wit. Read More ›

    Amanda Dobbins 5 years ago respond

  • George Bailey, Subprime Lender

    Portfolio continues the It’s A Wonderful Life backlash with a piece asking whether George Bailey is an undisciplined subprime lender. Their answer: pretty much. Jesus Christ, next it’s going to be someone telling me that angels don’t really get wings when bells ring. Merry F*cking Christmas, everyone. Read More ›

    Amanda Dobbins 5 years ago respond

  • Cancelling Fashion Week

    Designers are starting to cancel their February Fashion Week shows in Bryant Park, citing the economy and “sensitivity.” Vera Weng, Betsey Johnson, and Carmen Marc Valvo are leading the charge, but more designers are likely to follow suit (ha!). This is a bummer for fashion-y people, hotels, restaurants, and New York City, but mostly for celebrities like Leigh Lezark who will have to find a new way to pay February’s rent. Read More ›

    Amanda Dobbins 5 years ago 3 responses

  • Sugar Daddy Downturn

    Yet another victim of our tattered economy: the kept woman. Men about town are less willing to spend money on bottle service and pricey jewelry for their companions, and a whopping 82% of men surveyed plan to reduce payments to their mistresses (though there must be a Bradley effect in that poll). All in all, not a good time to be a woman of leisure. Read More ›

    Amanda Dobbins 5 years ago respond


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