Monthly Archives: December 2008

The Bank Wants Its $$$ Back


Tsk, tsk, just because you made a bundle of money doesn’t mean you can skip out on your bills!  The New York Times  recently featured a story about cash-strapped Italian film producer Vittorio Cecchi Gori. The dude owns multiple multi-million dollar properties around the world, but recently put his penthouse at the Trump International Hotel and Tower on the market for $28.5 million.

Back in October the property went into foreclosure but since he recently filed for bankruptcy, he was allowed to try and sell it to attempt to gain more money than it would get at a public auction.

Additionally, court records show that he is WAY behind on his condominium charges, $62,000, and also owes the city $69,000 in back taxes.

This makes me feel better since I’m in good standing with Chase bank and my co-op board, despite my paltry state-subsidized income at the moment. And I never won any Oscars!


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“Redundancies” at Chanel!


No one is immune from this hideous global meltdown, not even my personal hero Uncle Karl. The 200 job cuts are effective tomorrow and will focus on all staff on fixed term and temporary contracts at the iconic label. The reductions will take out approximately 10% of their workforce and is the largest crisis at the label since Coco Chanel fired all of her staff in 1939 at the beginning of WWII.

Addtionally, Chanel is axing its traveling art exhibition designed by starchitect Zaha Hadid because it could no longer afford it. Of course I didn’t get my lazy bum to Central Park when it was here since I suck….but that’s another story.

A company spokeswhore said, “In the current context we … prefer to refocus on our strategic investments in terms of development,” admitting it made little sense in the middle of a global downturn to pursue a project “where we weren’t selling anything”.


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A Journalist Covering Layoffs Gets Laid Off


The irony of it all!  Ketzel Levine, an NPR reporter came up with the idea for a show called “American Moxie: How We Get By”.   It began in December.  The series chronicled the lives of people coping with the the rough times we’re all going through.  Levine, who has worked for NPR since 1977, was handed the pink slip on about Dec. 10.  Levine’s last day will be on January 12 and her last show will be about her own experience of course!

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La Vie Laid-Off

recession090105_1_250In this week’s New York magazine, seven of the 33,000 New Yorkers who have been laid off since August describe what it’s like to live life while unemployed.  There’s Max, a 40-year-old IT director, who was employed by his company for eleven years before being laid off, Ross, a 24-year-old recruiter at a head-hunting firm who has to mooch of his parents and Denise, the 50-year-old global director for diversity at Citigroup.  It goes to show the diversity that has been hit by this economic downturn.  Whenever you get the laid-off blues, remember, you’re not the only one!

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We are on vacation, check back after the holidaze!


Happy Hanukkah, Merry Christmas, Happy Kwanzaa!

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Merry Christmas, and By the Way…


…here’s a pink slip!!  Jann Wenner, publisher of Rolling Stone and UsWeekly swung the ax, firing at least three people before he headed off to his winter getaway.  What a jerk.  He could have at least waited until after vacation to do so.

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Would You Like To Share Your Story?


Have you recently lost your job and are feeling anxious about it? (NYC)

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Date: 2008-12-17, 5:28PM EST

National Morning show is looking for someone who has lost their job and is feeling increasingly anxious about finding another job and paying the bills.

Are you having a hard time managing your stress and feeling like the bottom is falling out?

If you or someone you know is experiencing this and would like to share their story, please give us a call. 212.301.5371 or email us at

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