Seems the adult entertainment industry is hurting in this downturn too. People are just too darned depressed to think about sex, according to Larry Flynt, so he and others in the adult entertainment industry are looking for a government bailout. Now this seems a bit counter-intuitive to me. It may be that people are just turning to free porn, of which there is plenty on the internet (I am told), instead of spending money on Hustler magazine. The good news is that we may have found one industry where Paulson and the Fed will draw the line.
http://dealbook.blogs.nytimes.com/2009/01/07/bailouts-gone-wild-porn-chiefs-seek-5-billion/
Disclosures: None (really honey I don't look at porn)
Friday, January 9, 2009
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