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Tuesday, October 14, 2008
Hugh Hefner - another victim of credit crunch
Seems Playboy's Hugh Hefner has become yet another victim of the current credit crunch. According to a Yahoo article, due to his deteriorating finances, Hugh Hefner may be laying some of his staff, while also charging fee for attending exclusive parties at his mansion.
According to reports, Hefner was advised last month to fire some of his staff in his Los Angeles and New York offices to avoid financial ruin.

The Playboy boss has since extended an invitation to the exclusive parties held at the mansion, in return for money.

The tickets to the notorious parties range from 5,000 dollars to 25,000 dollars, depending on the celebrities in attendance.
Hopefully, the above steps will help improve Mr. Hefner's financial situation. Otherwise, may be to raise money, Mr. Hefner can consider doing what his magazine does to its models - pose on the centerfold of adult magazines.

For related article, see:

Hugh Hefner fuels bankruptcy reports by selling tickets for mansion visits
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