Monday, November 05, 2007

Gisele no longer accepts dollars

This story is one for Peter Schiff when he tries to make his point on FOX and CNBC. Maybe this is something even Mark Haines & Co can understand....

Dieser Geschichte sollte Peter Schiff für seine nächsten Diskussionsrunden auf FOX und CNBC verwenden. Evtl. begreifen die ansonsten recht "einfach" gestickten Moderatoren dann besser den wahren Wert des Greenback.....

Gisele no longer accepts dollars
Nov. 5 (Bloomberg) -- Gisele Bundchen wants to remain the world's richest model and is insisting that she be paid in almost any currency but the U.S. dollar.

Like billionaire investors Warren Buffett and Bill Gross, the Brazilian supermodel, who Forbes magazine says earns more than anyone in her industry, is at the top of a growing list of rich people who have concluded that the currency can only depreciate because Americans led by President George W. Bush are living beyond their means.

When Bundchen, 27, signed a contract in August to represent Pantene hair products for Cincinnati-based Procter & Gamble Co., she demanded payment in euros, according to Veja, Brazil's biggest weekly magazine. She'll also get euros for the deal she reached last October with Dolce & Gabbana SpA in Milan to promote the Italian designer's new fragrance, The One, Veja reported. Bundchen earned $33 million in the year through June, Forbes reported in July.

``Contracts starting now are more attractive in euros because we don't know what will happen to the dollar,'' Patricia Bundchen, the model's twin sister and manager in Brazil, said in a telephone interview in September from Sao Paulo. She declined to discuss details of the arrangements last week, as did Anne Nelson, Bundchen's agent in New York at IMG Models.

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Anonymous Anonymous said...

Hi J-M

Makes sense. But you have to wonder...did she think of that herself? :)

Why comment moderation?


1:19 AM  
Blogger jmf said...

Moin Eh,

she looks "smart". So why not..... :-)

The moderation is due to a massive 50-60 spam comments that are hitting the blog now on a daily basis.

1:27 AM  
Anonymous Anonymous said...

The moderation is due to a massive 50-60 spam comments that are hitting the blog now on a daily basis.


After a week in France ganz ohne das Internet I have a lot of catching up to do...


1:38 AM  
Blogger jmf said...


You have missed a very interesting week.

The hidden highlight was the conference call from MBIA....

Der Hammer!

1:51 AM  

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