FOREX QUANT

November 9, 2007

And the Lady Joins Dumping the Dollars too

Filed under: Uncategorized — by TraderMade @ 1:22 pm
Tags: ,

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She prefer to get her payments in Euro rather than the Dollars. Smart move, baby.
You definitely are my type. lol.

Supermodel Bundchen Joins Hedge Funds Dumping Dollars

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.
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.

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