Celebrity endorsements rarely make much sense. Despite what Hulk Hogan and Troy Aikman have said, for instance, it’s foolish to pay double the retail price for a TV from Rent-A-Center. Even so, the endorsement-crazed “famous for being famous” Kim Kardashian is a special case. Based on her history of endorsing goods that are of dubious value if not outright rip-offs, her involvement isn’t just a reason to question the product at hand—it’s a cue for wise consumers to run in the opposite direction.
The bankruptcy might give her a fresh start, but the filing means that her creditors — which include a Christian school and her own father — are out of luck.
Among the occupations that get the shortest amount of shuteye each night, several make life-and-death decisions regularly. And members of one profession on the list carry guns on the job. Anybody need coffee?
It’s an old story by now: an actor makes it big, starts raking in piles of money, spends it foolishly, goes into debt and winds up declaring bankruptcy. It’s as much of a Hollywood ending today as a classic movie kiss. The latest celeb to go broke is actor Gary Busey, who filed for Chapter 7 bankruptcy last week. He follows a long line of celebs who have managed their money so poorly that they’ve had to file for bankruptcy. Here are 10 of the most notorious.
Designer clothes, iPads, car leases, vacation packages, baby clothes, diapers … If you’re a celebrity, you’ll receive all of this and more for free, without ever having to endorse or even request anything.
The fee-laden prepaid debit card endorsed by the Kardashian sisters was universally panned as a ripoff and a joke when it came out in November. A consumer would have been hit with well over $100 in fees if using the card for a year. Now that the “Kard” has been killed off and the inevitable [...]
Less than a month ago, the Kim Kardashian and her reality show sisters introduced a prepaid debit card—the Kardashian Kard—that featured Kim’s ample cleavage, along with monster fees, including a $99.95 charge to use it for a year. It’s just been announced that the card has been pulled off the market—perhaps because the sisters had [...]
With an apparently resurgent economy, the media genre known as recession porn may be gone for good. What, exactly, is recession porn? You know it when you see it. Basically, it’s the fascination with all the weird ways the recession has affected different groups of people—the rich and privileged especially, because everyone knows the financial [...]
