It’s comforting to know we live in an age where no investment bank, car company or celebrity hot mess will ever be left behind.
In the era of government bailouts and cross-aisle calls for economic revival ABC’s ‘Dancing with the Stars‘ has become the public relations equivalent of a Fed bailout.
“Just when you think you’ve hit rock bottom – there’s a rescue plan. If you’re AIG, it’s the federal government. If you’re Pamela Anderson or Shannon Doherty, it’s ‘Dancing With The Stars,” says Catey Hill, New York Daily News Money Editor and author of ‘Shoo Jimmy Choo: The Modern Girl’s Guide to Spending Less and Saving More.’
After his stint on the third season of ‘DWTS, Mario Lopez was able to secure his regular gig as the host of entertainment news show ‘Extra’, a sexy guest starring role in ‘Nip/Tuck’ and a spot on Broadway in ‘A Chorus Line.’ In 2007, former Spice Girl Mel B.’s biggest project was tattooing baby daddy Eddie Murphy’s name on her arm, actress Jennie Garth (pre-90210 Renaissance) was reliving her days back at West Beverly (in her mind) and Marie Osmond was designing dolls for QVC, but now the women are household names, pursued for projects, endorsements and book deals.
Just as AIG bungled it’s books with insurance against mortgage backed securities and risky debt, and the investment banks faced a black-hole of balance sheet indiscretions, many of the stars saved by ‘DWTS’ carry with them years of mismanagement, bad decisions, weight gain and dreams of superstardom flushed down the toilet sometime in the past decade.