Porn bailout: Debbie does Washington?

By Edward Harrison On Jan 9, 2009

I guess it’s not just another stunt by Larry Flynt. The porn industry is hurting as the downturn bites. Sales are down 20%. And the annual Porn convention, the AVN Adult Entertainment Expo, going on now in guess which city has seen a sharp fall in traffic. Apparently, the porn industry is not recession-proof.

So, pornographers are now asking for a bailout too. They figure: “hey, if bankrupt automakers can get their hands on some TARP funds, why can’t the Porn industry too?” Take a look at the video from CNBC.

bailout United States

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

Links: 2009-01-09

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