Breaking News: Most Important Story Of Day Is Called Untrue

Posted by John Carney, Nov 05, 2007, 4:49pm

giselelovesdollars.jpgThe most important financial story of the day has been called into question. Hot shot hottie CNBC producer Stephanie Landsman—who is apparently well connected with other members of her species—spoke with Gisele Bundchen’s manager, who told her that the supermodel isn't siding with Warren Buffett as a U.S. dollar bear after all.

We were about to declare the bear trade on the dollar totally over on the grounds that super-model endorsement is certainly a contrary indicator for financial decisions. But it looks like the trade might be alive and well after all. Bundchen's manager, Anne Nelson, tells CNBC that reports that Gisele wants to be paid in euros are "false
"Some idiot in Brazil reported something just to make news," she said.

But we have some reason to doubt that Bundchen is really a dollar bull babe. “Nelson points out that Gisele lives in New York City, and thus needs U.S. dollars for her big-city lifestyle,” CNBC writes. But this doesn’t quite hold-up. It’s totally possible that Gisele is keeping her savings in Euros and converting them back to dollars for day to day uses. Maybe a denial too far?

Also, it's hard not to think that some sort of PR spin went into this denial. Gisele if you're short the dollar, the American public will be short you! Retract, deny, rinse, repeat.

Gisele's manager did not return our requests for a date interview with Bundchen.

Supermodel Gisele Not in Buffett's Bear Camp on Dollar After All, Manager Tells CNBC [CNBC.com]

0Recommend this! 9Comments
Posted in: Diversions

Comments

Posted by Dave Chappelle, Nov 05, 2007 8:28PM

Carney, well done! Please cover this as much as you covered Tim Sykes.

(not kidding, for the obvious reasons)

bitches...

Posted by , Nov 05, 2007 9:53PM

In this case, Gisele is a not a leading indicator, but perhaps either co-incident or lagging.

Lou Dobbs reported the other day that China has stopped adding dollars to its foreign currency reserves, which suggests that the depreciation of the dollar is just a macro case of supply and demand. This suggests a move into dollars if you've got a long enough horizon to take advantage of the situation.

Gisele's desire to get paid in Euros is backward looking, not forward looking. I don't see her as an accurate forecaster of macroeconomic events.

Posted by Random Banker, Nov 05, 2007 10:06PM

I would give my left nut for a chick that hot. God damn it, it looks like i'm going to have to start that hedge fund after all.

Posted by Euro Hedgie, Nov 06, 2007 3:32AM

I retract my statement on a previous thread, she's a babe afterall and doesn't have sagging milk sacks... well not in that picture anyway.

Posted by , Nov 06, 2007 8:04AM

way to go out on a limb and Gisele Bundchen isn't an accurate forecaster of macroeconomic events.

Posted by Anynymous, Nov 06, 2007 11:07AM

Kind of sad that the whole country was so quick to believe and laugh about something that would be so troublesome for our financial future.

On a side note, I've met that CNBC producer, Stephanie Landsman. And I have to say she's HOT. I don't know why she's not on the air.

Posted by Nominate me, Nov 06, 2007 11:40AM

I would be lying if I said I wouldn't hit it. But does anybody else think Gisele's face would look totally at home with a feed bag strapped to it?

And yes, her milk sacks are glorious. How much to make my wife's look just like them?

Posted by Ray Wert, Nov 09, 2007 5:13PM

For the record, I too agree Stephanie is a "hot shot hottie," and no, she's not putting me up to write this comment.

Posted by Anynymous, Nov 10, 2007 7:23PM

Steph is a great lady as well (: Besides being a hottie :-)

Post Your Comment